City of Lansing Awards Financial Services Contract to Lansing Board of Water and Light (June 2026)
City of LansingCity · Lansing, MI- Disclosed value
- Return on equity payments equal to 6% of total BWL operating revenues for FY 2027 and FY 2028
- From agendapacket
- Approved
- Jun 22, 2026
- Term
- July 1, 2026 – June 30, 2028
- Renews
- Free account
The 30-second brief
Lansing City Council approved the Ninth Amendment to the Return on Equity Agreement with the Lansing Board of Water and Light, extending the pact through June 30, 2028. Under the amendment, BWL will remit return on equity payments equal to 6% of its operating revenues to the City for FY 2027 and FY 2028.
Lansing Board of Water and Light holds this financial services contract with City of Lansing. Its other public contracts on record include work for City of DeWitt and Grand Ledge Public Schools.
The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.
Get pre-RFPs for work like this before the bid is out.
Get pre-RFP alerts freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Return on equity payments equal to 6% of total BWL operating revenues for FY 2027 and FY 2028
- Document date
- June 22, 2026
- Term
- July 1, 2026 – June 30, 2028
- Renews
- On record
- Agency
- City of Lansing
- Source document
- Lansing City Council Agenda Packet 2026-06-22 (AgendaPacket)
Lansing Board of Water and Light's other public contracts
More City of Lansing contracts
Questions about this contract
Who was awarded the financial services contract by City of Lansing?
Lansing Board of Water and Light was awarded this financial services contract by City of Lansing, as recorded on June 22, 2026. The contract value is Return on equity payments equal to 6% of total BWL operating revenues for FY 2027 and FY 2028.
How much is the Lansing Board of Water and Light contract with City of Lansing worth?
The Lansing Board of Water and Light contract with City of Lansing is valued at Return on equity payments equal to 6% of total BWL operating revenues for FY 2027 and FY 2028, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Lansing City Council Agenda Packet 2026-06-22 (AgendaPacket), dated June 22, 2026 from City of Lansing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Lansing Board of Water and Light hold?
Lansing Board of Water and Light 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 Lansing currently buying?
Explore City of Lansing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.