CONTRACTAPPROVED

City of Surrey Awards Financial Services Contract to British Columbia Hydro & Power Authority (June 2026)

City of Surrey logoCity of Surrey
Disclosed value
$183,690.00 (maximum incentive funds)
From staffreport
Approved
Jun 29, 2026
Renews
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The 30-second brief

What it covers

The City of Surrey will execute a BC Hydro Incentive Fund Agreement providing up to $183,690.00 to support the 2026 streetlight LED upgrade project. The agreement includes energy efficiency incentive funds, a potential completion bonus, and performance conditions over a 10‑year term following project implementation.

Who holds it

British Columbia Hydro & Power Authority holds this financial services contract with City of Surrey. Its other public contracts on record include work for Bowen Island Municipality and City of Fernie.

What happens next

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Contract details

Contract type
Financial Services
Amount
$183,690.00 (maximum incentive funds)
Document date
June 29, 2026
Term
From date of full execution to end of 10-year EE Term following Project Implementation Date (PID between March 4, 2026 and March 31, 2027)
Renews
On record
Vendor
British Columbia Hydro & Power Authority
Source document
City of Surrey StaffReport Award of Contract No. 1220-040-2026-045 2026 Streetlight LED Upgrades 2026-06-29 (StaffReport)

British Columbia Hydro & Power Authority's other public contracts

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Questions about this contract

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

British Columbia Hydro & Power Authority was awarded this financial services contract by City of Surrey, as recorded on June 29, 2026. The contract value is $183,690.00 (maximum incentive funds).

How much is the British Columbia Hydro & Power Authority contract with City of Surrey worth?

The British Columbia Hydro & Power Authority contract with City of Surrey is valued at $183,690.00 (maximum incentive funds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Surrey StaffReport Award of Contract No. 1220-040-2026-045 2026 Streetlight LED Upgrades 2026-06-29 (StaffReport), dated June 29, 2026 from City of Surrey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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