Southern Board Approves LGESA Energy Partnership Letter
Southern University At ShreveportHigher Ed · Shreveport, LA- Disclosed value
- Option payments totaling up to $450,000 over three years; possible extensions not to exceed $300,000
- From agendapacket
- Approved
- Sep 18, 2026
The 30-second brief
Southern University's Board approved a nonbinding letter of intent with the Land Grant Energy Security Alliance for a partnership and equity position involving energy assets on university land. The parties will negotiate a definitive agreement, with prior discussions referencing up to $450,000 in option payments over three years and possible extensions of up to $300,000.
Land Grant Energy Security Alliance (Lgesa) holds this contract with Southern University At Shreveport.
Term as filed: Initial proposal discussed a 25-year arrangement; letter of intent does not bind the university to a contract.
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Contract details
- Amount
- Option payments totaling up to $450,000 over three years; possible extensions not to exceed $300,000
- Document date
- September 18, 2026
- Term
- Initial proposal discussed a 25-year arrangement; letter of intent does not bind the university to a contract
- Vendor
- Land Grant Energy Security Alliance (Lgesa)
- Source document
- Southern University System AgendaPacket Board of Supervisors Meeting 2026-09-18 (AgendaPacket)
More Southern University At Shreveport contracts
Questions about this contract
Who was awarded the government contract by Southern University At Shreveport?
Land Grant Energy Security Alliance (Lgesa) was awarded this government contract by Southern University At Shreveport, as recorded on September 18, 2026. The contract value is Option payments totaling up to $450,000 over three years; possible extensions not to exceed $300,000.
How much is the Land Grant Energy Security Alliance (Lgesa) contract with Southern University At Shreveport worth?
The Land Grant Energy Security Alliance (Lgesa) contract with Southern University At Shreveport is valued at Option payments totaling up to $450,000 over three years; possible extensions not to exceed $300,000.
What type of contract is this?
This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Southern University System AgendaPacket Board of Supervisors Meeting 2026-09-18 (AgendaPacket), dated September 18, 2026 from Southern University At Shreveport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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