Culpeper Prepares BESS Ground Lease With VMEA
- Disclosed value
- $1 for the Development and Construction Term; $1 per year during the Operations Term; no rent during the Decommissioning Term
- From contract
- Document date
- Sep 1, 2026
- Renews
- Free account
The 30-second brief
The Town of Culpeper is preparing a ground lease with Virginia Municipal Electric Association No. 1 for an approximately 11,000-square-foot BESS project site. The agreement sets rent at $1 for development and construction, $1 annually during operations, and no rent during decommissioning, with operations planned for 15 years after the construction term.
Virginia Municipal Electric Association No. 1 holds this facilities contract with Town of Culpeper. Its other public contracts on record include work for City of Harrisonburg and Town of Elkton.
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Contract details
- Contract type
- Facilities
- Amount
- $1 for the Development and Construction Term; $1 per year during the Operations Term; no rent during the Decommissioning Term
- Document date
- September 1, 2026
- Term
- Effective September ____, 2026; Development and Construction Term of up to one year; Operations Term through the fifteenth anniversary of the Operations Term Commencement Date; decommissioning period of up to six months
- Renews
- On record
- Agency
- Town of Culpeper
- Source document
- Town of Culpeper Contract BESS Project Ground Lease Agreement 2026-09-01 (Contract)
Virginia Municipal Electric Association No. 1's other public contracts
More Town of Culpeper contracts
Questions about this contract
Who was awarded the facilities contract by Town of Culpeper?
Virginia Municipal Electric Association No. 1 was awarded this facilities contract by Town of Culpeper, as recorded on September 1, 2026. The contract value is $1 for the Development and Construction Term; $1 per year during the Operations Term; no rent during the Decommissioning Term.
How much is the Virginia Municipal Electric Association No. 1 contract with Town of Culpeper worth?
The Virginia Municipal Electric Association No. 1 contract with Town of Culpeper is valued at $1 for the Development and Construction Term; $1 per year during the Operations Term; no rent during the Decommissioning Term, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a contract record.
Where was this contract approved?
This contract appears in Town of Culpeper Contract BESS Project Ground Lease Agreement 2026-09-01 (Contract), dated September 1, 2026 from Town of Culpeper. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Virginia Municipal Electric Association No. 1 hold?
Virginia Municipal Electric Association No. 1 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 Town of Culpeper currently buying?
Explore Town of Culpeper's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.