FINANCIAL_SERVICESAPPROVED

Steuben County Awards Financial Services Contract to TERRA-GEN (June 2025)

TERRA-GEN secured County consent for a 20-year PILOT Agreement for the Prattsburgh Wind Project, featuring annual payments starting at $5,300 per megawatt with 2% yearly escalation. The agreement also maintains land tax payments and allocates revenues among Steuben County, participating towns, and school districts.

Status
APPROVED
Document date
June 23, 2025
Contract type
FINANCIAL_SERVICES
Vendor
TERRA-GEN
Agency
Steuben County · NY

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Initial fixed annual PILOT payment of $5,300 per MW, escalating 2% per year, plus Land PILOT Payments
Contract type
FINANCIAL_SERVICES
Contract term
20 years of real property tax exemption for project improvements and distribution systems
Renewal
PILOT term is fixed at 20 years for project improvements and related distribution systems; no extensions or renewals are specified.
Document type
Minutes
Source document
steuben_county_legislature_minutes_june_23_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Steuben County?

TERRA-GEN was awarded this financial services contract by Steuben County, as recorded on June 23, 2025. The contract value is Initial fixed annual PILOT payment of $5,300 per MW, escalating 2% per year, plus Land PILOT Payments.

How much is the TERRA-GEN contract with Steuben County worth?

The TERRA-GEN contract with Steuben County is valued at Initial fixed annual PILOT payment of $5,300 per MW, escalating 2% per year, plus Land PILOT Payments, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in steuben_county_legislature_minutes_june_23_2025.pdf (Minutes), dated June 23, 2025 from Steuben County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TERRA-GEN hold?

TERRA-GEN may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View TERRA-GEN's profile

What is Steuben County currently buying?

Explore Steuben County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Steuben County's profile

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