New York State Energy Research and Development Authority (NYSERDA) | State of New York Awards Financial Services Contract to New York State Electric and Gas Corporation (April 2026)
New York State Energy Research and Development Authority (NYSERDA) | State of New YorkState · Albany, NY- Disclosed value
- Not to exceed $65 million
- From transcript
- Approved
- Apr 29, 2026
The 30-second brief
The NYSERDA Board approved issuing up to $65 million in refunding bonds on behalf of New York State Electric and Gas Corporation to refinance 2005 Authority bonds. The transaction is expected to generate about $10.7 million in present-value interest savings for NYSEG ratepayers, subject to additional State approvals.
New York State Electric and Gas Corporation holds this financial services contract with New York State Energy Research and Development Authority (NYSERDA) | State of New York. Its other public contracts on record include work for Auburn City School District and Town of Seneca.
Term as filed: Over the term of the refunding bonds (exact dates not stated).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $65 million
- Document date
- April 29, 2026
- Term
- Over the term of the refunding bonds (exact dates not stated)
- Source document
- NYSERDA Transcript 275th Board Meeting 2026-04-29 (Transcript)
New York State Electric and Gas Corporation's other public contracts
More New York State Energy Research and Development Authority (NYSERDA) | State of New York contracts
Questions about this contract
Who was awarded the financial services contract by New York State Energy Research and Development Authority (NYSERDA) | State of New York?
New York State Electric and Gas Corporation was awarded this financial services contract by New York State Energy Research and Development Authority (NYSERDA) | State of New York, as recorded on April 29, 2026. The contract value is Not to exceed $65 million.
How much is the New York State Electric and Gas Corporation contract with New York State Energy Research and Development Authority (NYSERDA) | State of New York worth?
The New York State Electric and Gas Corporation contract with New York State Energy Research and Development Authority (NYSERDA) | State of New York is valued at Not to exceed $65 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a transcript record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in NYSERDA Transcript 275th Board Meeting 2026-04-29 (Transcript), dated April 29, 2026 from New York State Energy Research and Development Authority (NYSERDA) | State of New York. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New York State Electric and Gas Corporation hold?
New York State Electric and Gas Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New York State Energy Research and Development Authority (NYSERDA) | State of New York currently buying?
Explore New York State Energy Research and Development Authority (NYSERDA) | State of New York's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.