NEIF to Finance Energy-Efficient HVAC for Library
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Description
The Borough of Little Silver approved a purchase agreement with the National Energy Improvement Fund (NEIF) for up to $86,186.00 at zero percent interest over five years to replace HVAC systems at the Borough Library. The agreement finances both procurement and installation of energy-efficient equipment.
Contract Details
Contract Amount
Not to exceed $86,186.00
Vendor
NATIONAL ENERGY IMPROVEMENT FUND (NEIF)
Agency
Borough of Little Silver, NJ
Contract Type
EQUIPMENT
Document Date
June 8, 2026
Contract Term
Five (5) years, payable in 60 equal installments
Renewal Date
2031-06-08
Renewal Info
Five-year financing term with 60 equal installments; no indication of automatic renewal or extension options beyond the stated term.
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Borough of Little Silver Borough Council Meeting Agenda Packet 2026-06-08
Borough of Little Silver Borough Council Meeting Agenda Packet 2026-06-08
Borough of Little Silver Borough Council Meeting Agenda Packet 2026-06-08
Borough of Little Silver Borough Council Meeting Agenda Packet 2026-06-08
Borough of Little Silver Borough Council Meeting Agenda Packet 2026-06-08
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