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Saber Power Services wins $500M LCRA contract

LOWER COLORADO RIVER AUTHORITY logoLOWER COLORADO RIVER AUTHORITY
Disclosed value
$500 million
From agenda
Document date
Mar 26, 2025

The 30-second brief

What it covers

LCRA approved a master contract with Saber Power Services, LLC worth $500 million for substation construction and maintenance. The contract has a one-year term with options to extend up to six years. This expenditure is projected to increase due to LCRA's Transmission Services Corporation's continued capital plan growth.

Who holds it

Saber Power holds this construction contract with LOWER COLORADO RIVER AUTHORITY. Its other public contracts on record include work for COASTAL WATER AUTHORITY and ALLIANCE REGIONAL WATER AUTHORITY.

What happens next

Term as filed: 1 year, with annual options to extend up to a total of six years.

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Contract details

Contract type
Construction
Amount
$500 million
Document date
March 26, 2025
Term
1 year, with annual options to extend up to a total of six years
Vendor
Saber Power
Agency
LOWER COLORADO RIVER AUTHORITY
Source document
lcra_board_agenda_march_26_2025.pdf (Agenda)

Saber Power's other public contracts

COASTAL WATER AUTHORITY, TexasSaber Power Services wins $976K circuit breaker replacement · Sep 10, 2025$976.7KCOASTAL WATER AUTHORITY, TexasSaber Power Services wins $121K testing contract · Apr 9, 2025$121.5KCOASTAL WATER AUTHORITY, TexasSaber Power Services wins $174K cable replacement contract · Apr 9, 2025$174.4KLOWER COLORADO RIVER AUTHORITY, TexasSaber Power considered for substation services · Mar 26, 2025UndisclosedALLIANCE REGIONAL WATER AUTHORITY, TexasSaber Power contracted for electrical works to WTP · Mar 13, 2025$1.2MAll Saber Power contractsVendor profile

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Questions about this contract

Who was awarded the construction contract by LOWER COLORADO RIVER AUTHORITY?

Saber Power was awarded this construction contract by LOWER COLORADO RIVER AUTHORITY, as recorded on March 26, 2025. The contract value is $500 million.

How much is the Saber Power contract with LOWER COLORADO RIVER AUTHORITY worth?

The Saber Power contract with LOWER COLORADO RIVER AUTHORITY is valued at $500 million, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in lcra_board_agenda_march_26_2025.pdf (Agenda), dated March 26, 2025 from LOWER COLORADO RIVER AUTHORITY. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Saber Power hold?

Saber Power 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 LOWER COLORADO RIVER AUTHORITY currently buying?

Explore LOWER COLORADO RIVER AUTHORITY's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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