Sunshine Proposes $5.75 Million Placid Lakes Utility Acquisition

The Florida Public Service Commission staff recommended recognizing Sunshine Water Services Company's proposed $5.75 million acquisition of Placid Lakes Utilities' water and wastewater system assets as an arms-length transaction. The acquisition and related system transfers remain subject to Commission approval.

Document date · September 24, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$5,750,000

Contract type

OTHER

Renewal

One-time asset purchase; no renewal or extension terms stated. Acquisition approval and related utility transfers remain pending.

Document type

StaffReport

Source document

Public Service Commission Staff Report Docket No. 20260031-WS Sunshine Water Services Company Petition 2026-09-24

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by FL-State-Florida Public Service Commission?

Placid Lakes Utilities Inc was awarded this government contract by FL-State-Florida Public Service Commission, as recorded on September 24, 2026. The contract value is $5,750,000.

How much is the Placid Lakes Utilities Inc contract with FL-State-Florida Public Service Commission worth?

The Placid Lakes Utilities Inc contract with FL-State-Florida Public Service Commission is valued at $5,750,000.

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Public Service Commission Staff Report Docket No. 20260031-WS Sunshine Water Services Company Petition 2026-09-24 (StaffReport), dated September 24, 2026 from FL-State-Florida Public Service Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Placid Lakes Utilities Inc hold?

Placid Lakes Utilities Inc 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 Placid Lakes Utilities Inc's profile

What is FL-State-Florida Public Service Commission currently buying?

Explore FL-State-Florida Public Service Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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