FACILITIESAPPROVED

New River Solid Waste Association Awards Facilities Contract to FORTISTAR (October 2020)

New River Solid Waste Association approved a 20-year landfill gas-to-energy contract with Fortistar, under which Fortistar will invest about $35 million in the project. The agreement establishes a profit-sharing structure with no direct project costs to New River beyond contract preparation.

Document date · October 8, 2020

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$35,000,000 investment by Fortistar (no direct project cost to New River)
Contract type
FACILITIES
Contract term
20 years
Renewal date
2040-10-08
Renewal
Initial LGTE contract term is 20 years; any extension or renewal beyond that would require future agreement. Lease agreement related to the project is nearing completion but not yet executed.
Document type
Minutes
Source document
new-river-solid-waste-association-board-meeting-minutes-october-8-2020_36b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by New River Solid Waste Association?

FORTISTAR was awarded this facilities contract by New River Solid Waste Association, as recorded on October 8, 2020. The contract value is $35,000,000 investment by Fortistar (no direct project cost to New River).

How much is the FORTISTAR contract with New River Solid Waste Association worth?

The FORTISTAR contract with New River Solid Waste Association is valued at $35,000,000 investment by Fortistar (no direct project cost to New River), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in new-river-solid-waste-association-board-meeting-minutes-october-8-2020_36b.pdf (Minutes), dated October 8, 2020 from New River Solid Waste Association. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does FORTISTAR hold?

FORTISTAR 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 FORTISTAR's profile

What is New River Solid Waste Association currently buying?

Explore New River Solid Waste Association's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View New River Solid Waste Association's profile