NiSource Prepaid IBM $12 Million For Server Support
Laurel County Water District 2Utility District · London, KY- Disclosed value
- $12 million prepayment; $131,868 per month amortization
- From staffreport
- Document date
- Oct 26, 2026
The 30-second brief
NiSource prepaid IBM $12 million for future use and support of finance and accounting transformation servers. The amount was amortized at approximately $131,868 per month over 91 months ending with the IBM contract in June 2015.
IBM holds this technology contract with Laurel County Water District 2.
Term as filed: 91 months beginning December 2007; through June 2015.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Technology
- Amount
- $12 million prepayment; $131,868 per month amortization
- Document date
- October 26, 2026
- Term
- 91 months beginning December 2007; through June 2015
- Vendor
- IBM
- Source document
- Public Service Commission Staff Report 2026-00099 2026-10-26 (StaffReport)
IBM's other public contracts
More Laurel County Water District 2 contracts
Questions about this contract
Who was awarded the technology contract by Laurel County Water District 2?
IBM was awarded this technology contract by Laurel County Water District 2, as recorded on October 26, 2026. The contract value is $12 million prepayment; $131,868 per month amortization.
How much is the IBM contract with Laurel County Water District 2 worth?
The IBM contract with Laurel County Water District 2 is valued at $12 million prepayment; $131,868 per month amortization, covering technology work.
What type of contract is this?
This is a Technology contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Public Service Commission Staff Report 2026-00099 2026-10-26 (StaffReport), dated October 26, 2026 from Laurel County Water District 2. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does IBM hold?
IBM 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 Laurel County Water District 2 currently buying?
Explore Laurel County Water District 2's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.