CONTRACTAPPROVED

City of Eloy Awards Construction Contract to Veregy Inc (March 2022)

City of Eloy logoCity of Eloy
Disclosed value
Estimated project costs $2M to $3M; reimbursement obligation $42,324 if no performance contract executed
From agenda
Approved
Mar 14, 2022

The 30-second brief

What it covers

The Eloy City Council approved a Letter of Intent with Veregy, Inc. to pursue a comprehensive energy savings performance contract upgrading mechanical, electrical, and solar systems at city water and wastewater facilities. The $2–3 million self-funded program is expected to begin construction in January 2023 and run through December 2023, with an LOI reimbursement clause of $42,324 if the City opts not to proceed.

Who holds it

Veregy Inc holds this construction contract with City of Eloy. Its other public contracts on record include work for Salem Community Schools and Rockdale SD 84.

What happens next

Term as filed: Letter of Intent leading to performance contract; anticipated construction January 2023 – December 2023.

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Contract details

Contract type
Construction
Amount
Estimated project costs $2M to $3M; reimbursement obligation $42,324 if no performance contract executed
Document date
March 14, 2022
Term
Letter of Intent leading to performance contract; anticipated construction January 2023 – December 2023
Source document
Eloy City Council Agenda 2022-03-14 (Agenda)

Veregy Inc's other public contracts

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Questions about this contract

Who was awarded the construction contract by City of Eloy?

Veregy Inc was awarded this construction contract by City of Eloy, as recorded on March 14, 2022. The contract value is Estimated project costs $2M to $3M; reimbursement obligation $42,324 if no performance contract executed.

How much is the Veregy Inc contract with City of Eloy worth?

The Veregy Inc contract with City of Eloy is valued at Estimated project costs $2M to $3M; reimbursement obligation $42,324 if no performance contract executed, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Eloy City Council Agenda 2022-03-14 (Agenda), dated March 14, 2022 from City of Eloy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Veregy Inc hold?

Veregy Inc 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 Eloy currently buying?

Explore City of Eloy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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