UTILITIESAMENDED

Austin Energy Franchise Agreement Extended to 2031

The Village of The Hills and Austin Energy executed Amendment No. 2 to their Electric Utility Franchise Agreement, extending the electric service franchise through March 1, 2031 and affirming a 3% gross receipts franchise fee. The amendment resolves prior ambiguity about the agreement’s end date.

Status
AMENDED
Document date
May 12, 2026
Contract type
UTILITIES
Vendor
Austin Energy
Agency
The Hills village · TX

Trusted by teams at

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
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
Franchise fee of 3% of gross receipts from sale of electricity within the City
Contract type
UTILITIES
Contract term
From effective date in 2026 through March 1, 2031
Renewal date
2031-03-01
Renewal
Original franchise dated March 1, 2011; Amendment No. 1 effective March 1, 2021 previously extended the term. Amendment No. 2 now clarifies and extends the franchise term to March 1, 2031 with the existing 3% franchise fee remaining in effect.
Document type
AgendaPacket
Source document
Village of The Hills AgendaPacket Regular Meeting 2026-05-12

Related contracts

Other contracts from Austin Energy.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by The Hills village?

Austin Energy was awarded this utilities contract by The Hills village, as recorded on May 12, 2026. The contract value is Franchise fee of 3% of gross receipts from sale of electricity within the City.

How much is the Austin Energy contract with The Hills village worth?

The Austin Energy contract with The Hills village is valued at Franchise fee of 3% of gross receipts from sale of electricity within the City, covering utilities work.

What type of contract is this?

This is a Utilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of The Hills AgendaPacket Regular Meeting 2026-05-12 (AgendaPacket), dated May 12, 2026 from The Hills village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Austin Energy hold?

Austin Energy 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 Austin Energy's profile

What is The Hills village currently buying?

Explore The Hills village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View The Hills village's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free