FINANCIAL_SERVICESAPPROVED

CPS Energy Awards $51,283,226 Financial Services Contract to City of San Antonio (August 2026)

The CPS Energy Board is asked to approve a $51.28 million payment to the City of San Antonio representing 14% of applicable July 2026 system gross revenues net of City utility services. This monthly transfer is calculated pursuant to the New Series Bond Ordinance and related memoranda of understanding.

Status
APPROVED
Document date
August 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
City of San Antonio
Agency
CPS Energy · TX

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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
$51,283,225.60
Contract type
FINANCIAL_SERVICES
Contract term
Payment from July 2026 revenue, paid in August 2026
Renewal
Ongoing monthly payment obligation under the New Series Bond Ordinance effective February 1, 1997; percentage up to 14% set by City governing body and continues unless ordinance is amended.
Document type
AgendaPacket
Source document
CPS Energy AgendaPacket Board of Trustees Meeting 2026-08-31

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by CPS Energy?

City of San Antonio was awarded this financial services contract by CPS Energy, as recorded on August 28, 2026. The contract value is $51,283,225.60.

How much is the City of San Antonio contract with CPS Energy worth?

The City of San Antonio contract with CPS Energy is valued at $51,283,225.60, 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 CPS Energy AgendaPacket Board of Trustees Meeting 2026-08-31 (AgendaPacket), dated August 28, 2026 from CPS Energy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of San Antonio hold?

City of San Antonio 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 City of San Antonio's profile

What is CPS Energy currently buying?

Explore CPS Energy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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