City of Riverside - Public Utilities Awards Facilities Contract to Spt Energy Base Hub ("spt") (October 2026)

Riverside approved a 10-year commercial lease with SPT Energy Base Hub for City-owned land at 670 Iowa Avenue. The initial rent is $11,361.60 per month, subject to annual CPI adjustments, with one five-year extension option for hydrogen and EV infrastructure.

Document date · October 12, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Initial monthly amount of $11,361.60, subject to annual CPI adjustments

Contract type

FACILITIES

Contract term

10 years with one five-year term extension option

Renewal date

2036-10-20

Renewal

One five-year term extension option; annual CPI rent adjustments.

Document type

Agenda

Source document

City of Riverside Agenda City Council Meeting 2026-10-20

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Other contracts from Spt Energy Base Hub ("spt").

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Ciudad de Riverside Agenda Ayuntamiento 2026-10-20

APPROVED

City of Riverside - Public Utilities, California$11,361.60 initial monthly rent, subject to annual CPI adjustmentsOct 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Riverside - Public Utilities?

Spt Energy Base Hub ("spt") was awarded this facilities contract by City of Riverside - Public Utilities, as recorded on October 12, 2026. The contract value is Initial monthly amount of $11,361.60, subject to annual CPI adjustments.

How much is the Spt Energy Base Hub ("spt") contract with City of Riverside - Public Utilities worth?

The Spt Energy Base Hub ("spt") contract with City of Riverside - Public Utilities is valued at Initial monthly amount of $11,361.60, subject to annual CPI adjustments, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Riverside Agenda City Council Meeting 2026-10-20 (Agenda), dated October 12, 2026 from City of Riverside - Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Spt Energy Base Hub ("spt") hold?

Spt Energy Base Hub ("spt") may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Spt Energy Base Hub ("spt")'s profile

What is City of Riverside - Public Utilities currently buying?

Explore City of Riverside - Public Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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