County Weighs Scout Storage Revenue Share Deal
Accomack CountyCounty · Accomac, VA- Disclosed value
- Revenue share up to $1,400 per MW AC with 10% escalator every five years (total estimated $3,555,610 over 25 years)
- From report
- Document date
- Oct 1, 2021
- Renews
- Free account
The 30-second brief
Accomack County is considering a 25-year revenue share agreement with Scout Storage under Virginia’s energy storage statute, based on an 80-MW AC facility and a per-megawatt charge escalating 10 percent every five years. The arrangement is projected to generate about $3.6 million for the county over the project’s operational life.
Scout Storage holds this facilities contract with Accomack County. Its other public contracts on record include work for Town of Bloxom.
The renewal date is on record. A free account shows it, with the renewals for every Accomack County contract.
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Contract details
- Contract type
- Facilities
- Amount
- Revenue share up to $1,400 per MW AC with 10% escalator every five years (total estimated $3,555,610 over 25 years)
- Document date
- October 1, 2021
- Term
- 25 years, with 10 percent revenue-share escalator applied every five years beginning in 2026
- Renews
- Free account
- Vendor
- Scout Storage
- Agency
- Accomack County
- Source document
- accomack-county-report-2021-10-01_b36.pdf (Report)
Scout Storage's other public contracts
More Accomack County contracts
Questions about this contract
Who was awarded the facilities contract by Accomack County?
Scout Storage was awarded this facilities contract by Accomack County, as recorded on October 1, 2021. The contract value is Revenue share up to $1,400 per MW AC with 10% escalator every five years (total estimated $3,555,610 over 25 years).
How much is the Scout Storage contract with Accomack County worth?
The Scout Storage contract with Accomack County is valued at Revenue share up to $1,400 per MW AC with 10% escalator every five years (total estimated $3,555,610 over 25 years), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a report record.
Where was this contract approved?
This contract appears in accomack-county-report-2021-10-01_b36.pdf (Report), dated October 1, 2021 from Accomack County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Scout Storage hold?
Scout Storage 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 Accomack County currently buying?
Explore Accomack County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.