Town Negotiates Long-Term Energy Storage Lease | Town of Lincoln | FORM ENERGY INC

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

2-year lease option with two 1-year extensions; 16-year lease term with three 3-year extensions

Renewal

Option to lease includes a 2-year initial period with two additional 1-year extensions. The lease term is 16 years with three 3-year extension options, allowing potential long-term continuation of the project.

Document type

Agenda

Source document

town-of-lincoln-agenda-2024-09-09_b56.pdf

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California Energy Commission Resolution Orders and Resolutions of the September 9, 2026 Business Meeting 2026-09-09

AMENDED

California Energy Commission, CaliforniaCEC funding decreased from $25,000,000 to $16,666,667; match share decreased from $25,000,000 to $23,038,202Sep 9, 2026

California Energy Commission Business Meeting Agenda 2026-09-09

AMENDED

California Energy Commission, CaliforniaDecrease CEC funding from $25,000,000 to $16,666,667; decrease match share from $25,000,000 to $23,038,202Sep 3, 2026

hancock_county_board_of_education_minutes_february.pdf

APPROVED

John D Rockefeller Iv Career Center, West VirginiaFeb 10, 2025

hancock_county_board_of_education_revised_meeting.pdf

PENDING

John D Rockefeller Iv Career Center, West VirginiaFeb 26, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Lincoln?

Form Energy Inc was awarded this facilities contract by Town of Lincoln, as recorded on September 9, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-lincoln-agenda-2024-09-09_b56.pdf (Agenda), dated September 9, 2024 from Town of Lincoln. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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