Mayflower Wind Funds Bristol Offshore Wind Institute
- Disclosed value
- $200,000 within 30 days after being designated as a winning bidder and $600,000 within 45 days after execution of the contracts awarded pursuant to the RFP; $5.2 million over ten years
- From minutes
- Document date
- Jan 31, 2022
The 30-second brief
Mayflower Wind entered into an MOU with Bristol Community College's Foundation, committing $200,000 and $600,000 milestone payments plus $5.2 million over ten years to develop and equip the National Offshore Wind Institute and support a three-year capital campaign. The agreement is tied to Mayflower’s successful power purchase award and long-term support for NOWI’s training and innovation programs.
Mayflower Wind holds this contract with Bristol Community College. Its other public contracts on record include work for Town of Falmouth and City of Fall River.
Term as filed: Ten-year period for $5.2 million funding following financial close; initial $200,000 and $600,000 tied to bid designation and contract execution milestones.
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Contract details
- Amount
- $200,000 within 30 days after being designated as a winning bidder and $600,000 within 45 days after execution of the contracts awarded pursuant to the RFP; $5.2 million over ten years
- Document date
- January 31, 2022
- Term
- Ten-year period for $5.2 million funding following financial close; initial $200,000 and $600,000 tied to bid designation and contract execution milestones
- Vendor
- Mayflower Wind
- Source document
- Bristol Community College Board of Trustees Meeting Minutes January 2022 (Minutes)
Mayflower Wind's other public contracts
More Bristol Community College contracts
Questions about this contract
Who was awarded the government contract by Bristol Community College?
Mayflower Wind was awarded this government contract by Bristol Community College, as recorded on January 31, 2022. The contract value is $200,000 within 30 days after being designated as a winning bidder and $600,000 within 45 days after execution of the contracts awarded pursuant to the RFP; $5.2 million over ten years.
How much is the Mayflower Wind contract with Bristol Community College worth?
The Mayflower Wind contract with Bristol Community College is valued at $200,000 within 30 days after being designated as a winning bidder and $600,000 within 45 days after execution of the contracts awarded pursuant to the RFP; $5.2 million over ten years.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Bristol Community College Board of Trustees Meeting Minutes January 2022 (Minutes), dated January 31, 2022 from Bristol Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mayflower Wind hold?
Mayflower Wind 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 Bristol Community College currently buying?
Explore Bristol Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.