City of Richmond Awards Maintenance Contract to Net Electric (April 2025)
City of RichmondCity · Richmond, CA- Disclosed value
- Not to exceed $60,000 over initial term; option to extend for up to two additional years at $20,000 per year, total not to exceed $100,000
- From resolution
- Approved
- Apr 1, 2025
- Renews
- Free account
The 30-second brief
The Housing Authority of the City of Richmond approved a residential electric services contract with Net Electric for as-needed work at Nystrom Village. The three-year agreement, effective April 1, 2025, includes a not-to-exceed amount of $60,000 with extension options that could bring the total contract value to $100,000.
Net Electric holds this maintenance contract with City of Richmond. Its other public contracts on record include work for West Valley Mission Community College District Office.
The renewal date is on record. A free account shows it, with the renewals for every City of Richmond contract.
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Contract details
- Contract type
- Maintenance
- Amount
- Not to exceed $60,000 over initial term; option to extend for up to two additional years at $20,000 per year, total not to exceed $100,000
- Document date
- April 1, 2025
- Term
- April 1, 2025 to April 1, 2028, with option to extend up to two additional years
- Renews
- Free account
- Vendor
- Net Electric
- Agency
- City of Richmond
- Source document
- Housing Authority of the City of Richmond Resolution 2208 Electric Services Contract (Resolution)
Net Electric's other public contracts
More City of Richmond contracts
Questions about this contract
Who was awarded the maintenance contract by City of Richmond?
Net Electric was awarded this maintenance contract by City of Richmond, as recorded on April 1, 2025. The contract value is Not to exceed $60,000 over initial term; option to extend for up to two additional years at $20,000 per year, total not to exceed $100,000.
How much is the Net Electric contract with City of Richmond worth?
The Net Electric contract with City of Richmond is valued at Not to exceed $60,000 over initial term; option to extend for up to two additional years at $20,000 per year, total not to exceed $100,000, covering maintenance work.
What type of contract is this?
This is a Maintenance contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Housing Authority of the City of Richmond Resolution 2208 Electric Services Contract (Resolution), dated April 1, 2025 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Net Electric hold?
Net Electric 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 Richmond currently buying?
Explore City of Richmond's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.