City Plans Solar Project Agreements With Ameresco
City of SomersworthCity · Somersworth, NH- Disclosed value
- One-time $5,000 development rent; one-time $15,000 construction rent; $37,000 per year with 2% annual increase; PILOT approx. $14,000 per year
- From report
- Document date
- Jun 16, 2023
The 30-second brief
Somersworth is poised to contract with Ameresco, Inc., doing business as Blackwater Road Solar LLC, to develop a solar project on the closed landfill. The agreements include development and construction rent, escalating annual lease payments, and annual PILOT payments based on installed megawatts.
Ameresco Inc holds this facilities contract with City of Somersworth. Its other public contracts on record include work for Collier County and Knox County Career Center.
Term as filed: Ongoing; annual lease and PILOT payments with 2% annual increase on lease.
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Contract details
- Contract type
- Facilities
- Amount
- One-time $5,000 development rent; one-time $15,000 construction rent; $37,000 per year with 2% annual increase; PILOT approx. $14,000 per year
- Document date
- June 16, 2023
- Term
- Ongoing; annual lease and PILOT payments with 2% annual increase on lease
- Vendor
- Ameresco Inc
- Agency
- City of Somersworth
- Source document
- city_managers_report_for_tuesday_june_20_2023_city.pdf (Report)
Ameresco Inc's other public contracts
More City of Somersworth contracts
Questions about this contract
Who was awarded the facilities contract by City of Somersworth?
Ameresco Inc was awarded this facilities contract by City of Somersworth, as recorded on June 16, 2023. The contract value is One-time $5,000 development rent; one-time $15,000 construction rent; $37,000 per year with 2% annual increase; PILOT approx. $14,000 per year.
How much is the Ameresco Inc contract with City of Somersworth worth?
The Ameresco Inc contract with City of Somersworth is valued at One-time $5,000 development rent; one-time $15,000 construction rent; $37,000 per year with 2% annual increase; PILOT approx. $14,000 per year, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a report record.
Where was this contract approved?
This contract appears in city_managers_report_for_tuesday_june_20_2023_city.pdf (Report), dated June 16, 2023 from City of Somersworth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ameresco Inc hold?
Ameresco 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.
What is City of Somersworth currently buying?
Explore City of Somersworth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.