CONTRACTAPPROVED

City of Eloy Awards Facilities Contract to Veregy Inc (February 2022)

City of Eloy logoCity of Eloy
Disclosed value
Estimated total project cost $2,000,000 to $3,000,000; reimbursement provision $42,324 if no performance contract executed
From minutes
Approved
Feb 28, 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, valued at an estimated $2–$3 million, for improvements at city-owned water and wastewater facilities. The project will add solar capacity, replace aging equipment, and is projected to generate over $2.4 million in energy and operational savings, supplemented by more than $600,000 in grants and WIFA principal forgiveness.

Who holds it

Veregy Inc holds this facilities 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 approved February 28, 2022; performance contract expected November 2022 with construction January 2023 to December 2023.

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Contract details

Contract type
Facilities
Amount
Estimated total project cost $2,000,000 to $3,000,000; reimbursement provision $42,324 if no performance contract executed
Document date
February 28, 2022
Term
Letter of Intent approved February 28, 2022; performance contract expected November 2022 with construction January 2023 to December 2023
Source document
City of Eloy Minutes Regular Meeting 2022-02-28 (Minutes)

Veregy Inc's other public contracts

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Questions about this contract

Who was awarded the facilities contract by City of Eloy?

Veregy Inc was awarded this facilities contract by City of Eloy, as recorded on February 28, 2022. The contract value is Estimated total project cost $2,000,000 to $3,000,000; reimbursement provision $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 total project cost $2,000,000 to $3,000,000; reimbursement provision $42,324 if no performance contract executed, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Eloy Minutes Regular Meeting 2022-02-28 (Minutes), dated February 28, 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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