Independent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26
Maple Lake Schools awards $407K solar array contract
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Description
Independent School District No. 881 – Maple Lake Public Schools approved a Purchase Agreement with IDEAL ENERGIES, LLC to design and construct a 176.73 kW DC solar array for an installation cost of $407,215.00, funded in part by Solar for Schools and federal tax incentives. The agreement includes milestone payments, domestic-content compliance, and an option for $298,910.00 in short-term financing of the federal elective payment at 6% interest.
Contract Details
Contract Amount
$407,215.00 (Installation Cost); Safe Harbor Payment $24,432.90; Optional financing advance $298,910.00 at 6% interest
Vendor
IDEAL ENERGIES LLC
Agency
Maple Lake Public School District, MN
Contract Type
CONSTRUCTION
Document Date
May 26, 2026
Contract Term
Effective May 26, 2026; Target Substantial Completion Date November 28, 2027; 20-year guaranteed-savings analysis referenced
Renewal Date
2027-11-28
Renewal Info
One-time construction and installation agreement with no stated renewal; warranties on design and installation extend five years from Substantial Completion. Optional elective-payment financing, if elected, will be documented in a separate Financing Agreement with a repayment outside 24 months of Substantial Completion.
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Independent School District No. 881 Resolution to Enter into Guaranteed Energy Savings Contract for Solar 2026-06-08
Independent School District No. 881 Resolution to Enter into Guaranteed Energy Savings Contract for Solar 2026-06-08
Independent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26
Independent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26
Independent School District No. 881 - Maple Lake Public Schools Contract Solar Array Purchase and Agreements 2026-05-26
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