FACILITIESPENDING

Town of Stowe Agenda Packet May 2026

Stowe Grants Kingsbury Site Access for Hydroelectric Work

Town of StoweKINGSBURY COMPANIESMay 13, 2026

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Description

The Town of Stowe and Stowe Electric Department are entering into an MOU with Kingsbury Companies to allow use of the Nebraska Valley Highway Garage parcel for staging and passive storage of equipment for the Smith’s Falls Dam repowering project. The agreement runs through the 2026 and 2027 construction seasons, with termination no later than December 1, 2027, and includes insurance, access, and site restoration requirements.

Contract Details

Vendor

KINGSBURY COMPANIES

Agency

Town of Stowe, VT

Contract Type

FACILITIES

Document Date

May 13, 2026

Contract Term

May 18, 2026 to November 30, 2027, or earlier upon completion of the Project; MOU terminates no later than 12/1/2027

Renewal Date

2027-12-01

Renewal Info

MOU is effective upon signature and terminates at the earlier of project completion or December 1, 2027; any party may withdraw at any time with at least 15 days’ written notice. Modifications require mutual written consent signed by all parties.