Board Approves $360M Oglethorpe Power MOU
- Disclosed value
- $360,000,000 (project value associated with MOU)
- From meeting minutes
- Approved
- Dec 17, 2024
- Term
- 15 years tax abatement
The 30-second brief
The Talbot County Board of Education approved a Memorandum of Understanding with Oglethorpe Power for a $360 million new generating unit, including a fifteen-year tax abatement. The agreement outlines school district participation in the tax incentive structure for the project.
Oglethorpe Power holds this contract with Talbot County School District. Its other public contracts on record include work for Central Georgia Technical College and Coweta County.
Term as filed: 15 years tax abatement.
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Contract details
- Amount
- $360,000,000 (project value associated with MOU)
- Document date
- December 17, 2024
- Term
- 15 years tax abatement
- Vendor
- Oglethorpe Power
- Source document
- talbot-county-school-district-meeting-minutes-2024-12-17_828.pdf (Meeting Minutes)
Oglethorpe Power's other public contracts
More Talbot County School District contracts
Questions about this contract
Who was awarded the government contract by Talbot County School District?
Oglethorpe Power was awarded this government contract by Talbot County School District, as recorded on December 17, 2024. The contract value is $360,000,000 (project value associated with MOU).
How much is the Oglethorpe Power contract with Talbot County School District worth?
The Oglethorpe Power contract with Talbot County School District is valued at $360,000,000 (project value associated with MOU).
What type of contract is this?
This is a government contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in talbot-county-school-district-meeting-minutes-2024-12-17_828.pdf (Meeting Minutes), dated December 17, 2024 from Talbot County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Oglethorpe Power hold?
Oglethorpe Power 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 Talbot County School District currently buying?
Explore Talbot County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.