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Awarded contract·Henrico County·Virginia

Solar Power Purchase Agreement Services

Won by DE Solutions Solar Development, LLC$5MAwarded 5/16/2025Single Award
Contract source

Awarded vendors

  • DE Solutions Solar Development, LLC

Description

This contract is for the provision of Solar Power Purchase Agreement (PPA) services to Henrico County, Virginia. The county intends to award the agreement to DE Solutions Solar Development, LLC, covering the procurement, financing, and ongoing management of a solar‑energy PPA. The notice does not disclose contract length, monetary value, or detailed performance milestones, indicating a preliminary stage before a full RFP is released. • Scope: Solar‑energy PPA services (design, financing, operation, and power purchase). • Intended Vendor: DE Solutions Solar Development, LLC (sole source). • Agency: Henrico County, Department of Finance, Purchasing Division. • Current Status: Notice of Intent to Award issued on May 16 2025; formal contract and detailed terms pending.

Attached files

Key dates

Intent to award
5/16/2025
Awarded
5/16/2025

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Renewable Energy
NAICS
221115
Solicitation №
25-2798-1JEC

Contract value

$5,000,000

No explicit dollar amount is disclosed. Solar PPA agreements for a county typically range from a few hundred thousand to several million dollars per year, depending on the size of the solar installation and the length of the contract. Given that this is described as an “annual contract” and Henrico County is a sizable jurisdiction, a reasonable ballpark is roughly $5 million per year for the services and power procurement, yielding an estimated contract value of about $5 million. This estimate assumes a mid‑size solar farm (≈10 MW) and prevailing market rates for PPA services.

AI estimate from the award documents

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