CONTRACTONGOING

City Adjusts Briar Hydro PILOT Revenue

City of Concord logoCity of Concord
Document date
May 20, 2024
Term
FY 2025 budget year

The 30-second brief

What it covers

The City of Concord’s FY 2025 Assessing budget reflects a reduction in payment-in-lieu-of-taxes revenue from Briar Hydro by $45,000, continuing the existing PILOT agreement at a lower level. This adjustment is part of broader changes in PILOT agreements affecting city revenues.

Who holds it

Briar Hydro holds this financial services contract with City of Concord. Its other public contracts on record include work for Penacook Boscawen Water Precinct.

What happens next

Term as filed: FY 2025 budget year.

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Contract details

Contract type
Financial Services
Document date
May 20, 2024
Term
FY 2025 budget year
Source document
City of Concord Minutes Finance Committee Meeting 2024-05-20 (Minutes)

Briar Hydro's other public contracts

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Questions about this contract

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

Briar Hydro was awarded this financial services contract by City of Concord, as recorded on May 20, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Concord Minutes Finance Committee Meeting 2024-05-20 (Minutes), dated May 20, 2024 from City of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Briar Hydro hold?

Briar Hydro 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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