City of Eldridge Awards Financial Services Contract to Central Minnesota Municipal Power Agency (March 2026)

Scope & details

The full contract record, as filed.

Contract amount

Base rate $1.2320/MWh (2026), $1.3059/MWh (2027), $1.3843/MWh (2028) for MISO-related services. Monthly market participant costs also billed.

Contract type

FINANCIAL_SERVICES

Contract term

January 1, 2026 – December 31, 2028 (initial term); Auto-renews annually unless notice given 6 months prior.

Renewal date

2028-12-31

Renewal

Renews for one-year periods after 12/31/2028 unless terminated with 6 months’ notice. Auto-renewal at new rates with notification requirements. Financial support and settlement terms continue until replacement agent is in place.

Document type

Agenda

Source document

Eldridge Electric and Water Utility Board Meeting Agenda March 2026

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Eldridge Electric and Water Utility Board Minutes January 2026

APPROVED

City of Eldridge, IowaBase rate: $1.10 (2025), $1.2320 (2026), $1.3059 (2027), $1.3843 (2028) per unit, other MISO fees/costs apply per settlementJan 27, 2026

city_council_agenda_december_9_2025.pdf

approved

Town of Fairfax, MinnesotaNADec 9, 2025

city_council_agenda_december_9_2025.pdf

PENDING

Town of Fairfax, MinnesotaDec 9, 2025

city-of-windom-council-meeting-agenda-november-4-2025_45a.pdf

approved

City of Windom, MinnesotaNANov 4, 2025

city-of-windom-financial-report-and-statements-year-ended-2024_895.pdf

ONGOING

City of Windom, MinnesotaDec 31, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

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

Central Minnesota Municipal Power Agency was awarded this financial services contract by City of Eldridge, as recorded on March 3, 2026. The contract value is Base rate $1.2320/MWh (2026), $1.3059/MWh (2027), $1.3843/MWh (2028) for MISO-related services. Monthly market participant costs also billed..

How much is the Central Minnesota Municipal Power Agency contract with City of Eldridge worth?

The Central Minnesota Municipal Power Agency contract with City of Eldridge is valued at Base rate $1.2320/MWh (2026), $1.3059/MWh (2027), $1.3843/MWh (2028) for MISO-related services. Monthly market participant costs also billed., covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Eldridge Electric and Water Utility Board Meeting Agenda March 2026 (Agenda), dated March 3, 2026 from City of Eldridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Central Minnesota Municipal Power Agency hold?

Central Minnesota Municipal Power Agency 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 Central Minnesota Municipal Power Agency's profile

What is City of Eldridge currently buying?

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

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