Council Amends Budget for MEAG Power Contract Settlement

Marietta City Council amended the FY2026 budget to address a CY2025 year-end settlement under the power sales contract with MEAG. The adjustment incorporates $722,745.19 into the monthly prepaid withdrawal amount to be fully satisfied within FY2026.

Document date · April 15, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$722,745.19

Contract type

FINANCIAL_SERVICES

Contract term

Within FY2026 fiscal year

Renewal date

2026-09-30

Renewal

Existing MEAG power sales contract remains in place; this action adjusts payments by adding a one-time settlement amount of $722,745.19 into monthly prepaid withdrawals during FY2026.

Document type

Minutes

Source document

City of Marietta City Council Meeting Minutes April 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

MEAG was awarded this financial services contract by City of Marietta, as recorded on April 15, 2026. The contract value is $722,745.19.

How much is the MEAG contract with City of Marietta worth?

The MEAG contract with City of Marietta is valued at $722,745.19, covering financial services work.

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 Marietta City Council Meeting Minutes April 15, 2026 (Minutes), dated April 15, 2026 from City of Marietta. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MEAG hold?

MEAG 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 MEAG's profile

What is City of Marietta currently buying?

Explore City of Marietta's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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