FINANCIAL_SERVICESAPPROVED

City of Jacksonville Awards Financial Services Contract to JEA (September 2026)

The Transportation, Energy & Utilities Committee approved authorization for JEA to issue up to $7.75 billion in revenue and subordinated revenue bonds across its electric, water and sewer, and district energy systems. The bonds will finance utility acquisitions, construction, improvements, and refunding, with capacity estimated to cover three to four years of borrowing needs.

Document date · September 15, 2026

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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
Electric System: not to exceed $3,900,000,000; Water and Sewer System: not to exceed $3,700,000,000; District Energy System: not to exceed $150,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Estimated to cover borrowing needs for 3-4 years
Document type
Minutes
Source document
City of Jacksonville Minutes Transportation, Energy & Utilities Committee Meeting 2026-09-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Jacksonville?

JEA was awarded this financial services contract by City of Jacksonville, as recorded on September 15, 2026. The contract value is Electric System: not to exceed $3,900,000,000; Water and Sewer System: not to exceed $3,700,000,000; District Energy System: not to exceed $150,000,000.

How much is the JEA contract with City of Jacksonville worth?

The JEA contract with City of Jacksonville is valued at Electric System: not to exceed $3,900,000,000; Water and Sewer System: not to exceed $3,700,000,000; District Energy System: not to exceed $150,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Jacksonville Minutes Transportation, Energy & Utilities Committee Meeting 2026-09-15 (Minutes), dated September 15, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does JEA hold?

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

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What is City of Jacksonville currently buying?

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