Fort Stockton Housing Authority Awards Financial Services Contract to Apex Clean Energy (May 2024)
Fort Stockton Housing AuthorityLocal Housing Authority · Fort Stockton, TX- Disclosed value
- Option for $300,000.00 of water per year; $0.10 per barrel upon operations (approx. $7.3 million/year)
- From minutes
- Approved
- May 13, 2024
The 30-second brief
Apex Clean Energy entered into a Water Purchase Agreement with the City of Fort Stockton and BioCatters LLC, including a 120-day hydrological study and an option to buy water for a green hydrogen project at $0.10 per barrel up to 200,000 barrels daily. The deal is expected to generate substantial recurring revenue for the city.
Apex Clean Energy holds this financial services contract with Fort Stockton Housing Authority. Its other public contracts on record include work for City of Wayland and Livingston County.
Term as filed: 120-day hydrological study period followed by ongoing operations.
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Contract details
- Contract type
- Financial Services
- Amount
- Option for $300,000.00 of water per year; $0.10 per barrel upon operations (approx. $7.3 million/year)
- Document date
- May 13, 2024
- Term
- 120-day hydrological study period followed by ongoing operations
- Vendor
- Apex Clean Energy
- Source document
- fort-stockton-housing-authority-meeting-minutes-may-13-2024_bf3.pdf (Minutes)
Apex Clean Energy's other public contracts
More Fort Stockton Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by Fort Stockton Housing Authority?
Apex Clean Energy was awarded this financial services contract by Fort Stockton Housing Authority, as recorded on May 13, 2024. The contract value is Option for $300,000.00 of water per year; $0.10 per barrel upon operations (approx. $7.3 million/year).
How much is the Apex Clean Energy contract with Fort Stockton Housing Authority worth?
The Apex Clean Energy contract with Fort Stockton Housing Authority is valued at Option for $300,000.00 of water per year; $0.10 per barrel upon operations (approx. $7.3 million/year), 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 fort-stockton-housing-authority-meeting-minutes-may-13-2024_bf3.pdf (Minutes), dated May 13, 2024 from Fort Stockton Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Apex Clean Energy hold?
Apex Clean 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.
What is Fort Stockton Housing Authority currently buying?
Explore Fort Stockton Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.