University of Connecticut Financial Affairs Committee Meeting Agenda February 2026
Gas Pipeline Deal Extended by Five Years, $5M Added
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Description
The Board extended and amended the Connecticut Natural Gas Corporation contract by five years and $5 million, raising the total to $21.8 million through 2031 for continued pipeline service.
Contract Details
Contract Amount
$5,000,000 (Previous Contract Value $16,800,000; Total New Contract Value $21,800,000)
Vendor
CONNECTICUT NATURAL GAS CORPORATION
Agency
University of Connecticut BOT|Committee on Compensation, CT
Contract Type
UTILITIES
Document Date
February 25, 2026
Contract Term
04/01/06-03/31/31 (includes five-year extension)
Renewal Date
2031-03-31
Renewal Info
Five-year extension granted through 2031; prior term was 20 years.
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AMENDEDIssuing Agency
University of Connecticut BOT|Committee on Compensation
State
Storrs, CT
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