City Approves 20-Year Dark Fiber IRU with Astound
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Description
Lincoln City Council approved a 20-year dark fiber IRU contract with Astound Broadband, valued at $526,675.85 plus annual maintenance, to provide secure connectivity to utility sites.
Contract Details
Contract Amount
$526,675.85 one-time IRU fee; $17,937.88 annual maintenance (CPI adjusted); City pays 50% of emergency maintenance over $5,000
Vendor
ASTOUND BROADBAND LLC
Agency
City of Lincoln, OR
Contract Type
TECHNOLOGY
Document Date
March 7, 2026
Contract Term
20 years from effective date; option to extend up to 5 years at no additional IRU fee
Renewal Date
2047-12-31
Renewal Info
Option for one extension up to 5 years after the 20-year base term, with notice and no extra IRU fee if fiber remains usable.
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