CONTRACTRECOMMENDED

City Weighs HRSST Site Lease Purchase from Tucci

City of Richland logoCity of Richland
Disclosed value
$300,000 site lease buyout payment
From agenda
Document date
Mar 10, 2026
Term
20 years (NPV analysis period)

The 30-second brief

What it covers

The Utility Advisory Committee is being asked to support and recommend that Council authorize the City of Richland to purchase and assume the existing Horn Rapids Solar, Storage and Training site lease from Tucci Energy Services for a $300,000 buyout. Over a 20‑year analysis period, staff project a net present value benefit of $137,593 by using the City’s lower cost of capital and restructuring lease cash flows.

Who holds it

Tucci Energy Services holds this facilities contract with City of Richland.

What happens next

Term as filed: 20 years (NPV analysis period).

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Contract details

Contract type
Facilities
Amount
$300,000 site lease buyout payment
Document date
March 10, 2026
Term
20 years (NPV analysis period)
Source document
Richland Utility Advisory Committee Agenda March 2026 (Agenda)

Tucci Energy Services's other public contracts

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Questions about this contract

Who was awarded the facilities contract by City of Richland?

Tucci Energy Services was awarded this facilities contract by City of Richland, as recorded on March 10, 2026. The contract value is $300,000 site lease buyout payment.

How much is the Tucci Energy Services contract with City of Richland worth?

The Tucci Energy Services contract with City of Richland is valued at $300,000 site lease buyout payment, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Richland Utility Advisory Committee Agenda March 2026 (Agenda), dated March 10, 2026 from City of Richland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Tucci Energy Services hold?

Tucci Energy Services 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 City of Richland currently buying?

Explore City of Richland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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