FINANCIAL_SERVICESPENDING

Elbert County Weighs Shepherd Solar Fee Agreement

Elbert County is considering a fee agreement with Shepherd Solar LLC for a 199 MW solar and 100 MW battery storage project, tying a $1,798,707 SUR construction fee to staged payments and escalating annual installments. The proposal also seeks a 10‑year validity period for the project's 1041 and SUR permits to accommodate long project lead times.

Status
PENDING
Document date
July 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Shepherd Solar Llc
Agency
Elbert County · CO

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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
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
Total SUR fee of $1,798,707; $10,000 for 1041 and $20,000 for SUR applications already paid; $75,000 due 30 days after BOCC permit approval; $500,000 due upon commencement of construction; remaining balance via escalating annual payments starting at $148,025 with 5.5% annual escalator for up to 7 years
Contract type
FINANCIAL_SERVICES
Contract term
Permit validity for 1041 and SUR approvals requested for 10 years after BOCC approval; annual payments for remaining SUR fee for up to 7 years after commencement of operations
Renewal
Shepherd Solar proposes that both 1041 and SUR approvals remain valid for 10 years after BOCC approval; the remaining SUR fee balance would be paid through annual installments with a 5.5% escalator over a maximum of seven years, with any remaining balance due in year seven and no prepayment penalty.
Document type
AgendaPacket
Source document
Elbert County Board of County Commissioners Agenda Packet 2026-07-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Elbert County?

Shepherd Solar Llc was awarded this financial services contract by Elbert County, as recorded on July 8, 2026. The contract value is Total SUR fee of $1,798,707; $10,000 for 1041 and $20,000 for SUR applications already paid; $75,000 due 30 days after BOCC permit approval; $500,000 due upon commencement of construction; remaining balance via escalating annual payments starting at $148,025 with 5.5% annual escalator for up to 7 years.

How much is the Shepherd Solar Llc contract with Elbert County worth?

The Shepherd Solar Llc contract with Elbert County is valued at Total SUR fee of $1,798,707; $10,000 for 1041 and $20,000 for SUR applications already paid; $75,000 due 30 days after BOCC permit approval; $500,000 due upon commencement of construction; remaining balance via escalating annual payments starting at $148,025 with 5.5% annual escalator for up to 7 years, 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 Elbert County Board of County Commissioners Agenda Packet 2026-07-08 (AgendaPacket), dated July 8, 2026 from Elbert County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Shepherd Solar Llc hold?

Shepherd Solar Llc 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 Shepherd Solar Llc's profile

What is Elbert County currently buying?

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

View Elbert County's profile

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