Travis AFB Electric System Privatization Contract Exceeds $107M, Awarded to City Light & Power

Contract Overview

Contract Amount: $107,252,758 ($107.3M)

Contractor: City Light & Power, Inc.

Awarding Agency: Department of Defense

Start Date: 2011-09-21

End Date: 2062-02-18

Contract Duration: 18,413 days

Daily Burn Rate: $5.8K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIXED PRICE REDETERMINATION

Sector: Energy

Official Description: UTILITY PRIVATIZATION OF THE ELECTRIC DISTRIBUTION SYSTEM AT TRAVIS AFB, CA

Place of Performance

Location: TRAVIS AFB, SOLANO County, CALIFORNIA, 94535

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $107.3 million to CITY LIGHT & POWER, INC. for work described as: UTILITY PRIVATIZATION OF THE ELECTRIC DISTRIBUTION SYSTEM AT TRAVIS AFB, CA Key points: 1. The contract value is substantial at over $107 million. 2. City Light & Power, Inc. is the sole awardee. 3. The contract duration is exceptionally long, spanning over 150 years. 4. This represents a significant long-term commitment for electric power distribution.

Value Assessment

Rating: questionable

The contract value is $107,252,757.85. Without specific benchmarks for utility privatization contracts of this scale and duration, it is difficult to definitively assess its pricing against similar agreements. The fixed price redetermination structure suggests potential for cost adjustments over time.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically promotes competitive pricing. However, the extremely long duration of the contract may have limited the number of bidders willing or able to participate, potentially impacting the price discovery process.

Taxpayer Impact: The long-term nature of this contract means taxpayers will be committed to this pricing structure for over 150 years, necessitating careful monitoring of performance and costs.

Public Impact

Long-term energy infrastructure investment for a military base. Potential for stable, long-term utility services. Taxpayer funds committed for an extended period. Impact on local energy market dynamics.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Extreme contract duration (over 150 years)
  • Lack of small business participation
  • Fixed Price Redetermination pricing structure

Positive Signals

  • Awarded under full and open competition
  • Long-term utility service provision

Sector Analysis

This contract falls within the utility and infrastructure sector, specifically focusing on electric power distribution. Privatizing utility systems is a common strategy for government facilities to leverage private sector expertise and investment, though long-term contracts require careful oversight.

Small Business Impact

The data indicates that small businesses were not involved in this contract (ss=false, sb=false). This suggests that the scale and nature of the utility privatization project may not have been conducive to small business participation, or specific outreach efforts were not undertaken.

Oversight & Accountability

The long duration of this contract necessitates robust oversight mechanisms to ensure the contractor meets performance standards and that pricing remains fair over its extensive term. Accountability will be crucial throughout the contract's lifecycle.

Related Government Programs

  • Electric Power Distribution
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • Extreme contract duration
  • Lack of small business participation
  • Potential for cost escalation via redetermination
  • Limited government flexibility for future technology adoption
  • Long-term commitment of taxpayer funds

Tags

electric-power-distribution, department-of-defense, ca, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $107.3 million to CITY LIGHT & POWER, INC.. UTILITY PRIVATIZATION OF THE ELECTRIC DISTRIBUTION SYSTEM AT TRAVIS AFB, CA

Who is the contractor on this award?

The obligated recipient is CITY LIGHT & POWER, INC..

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Logistics Agency).

What is the total obligated amount?

The obligated amount is $107.3 million.

What is the period of performance?

Start: 2011-09-21. End: 2062-02-18.

What is the expected return on investment for City Light & Power, Inc. given the contract's long duration and fixed price redetermination structure?

The return on investment is difficult to precisely calculate without detailed financial projections from the contractor and a clear understanding of the redetermination factors. However, a contract spanning over 150 years suggests an expectation of significant, long-term profitability. The fixed price redetermination allows for adjustments, potentially protecting the contractor's margins against inflation and unforeseen costs, while the government aims for a fair price over time.

What are the primary risks associated with a utility privatization contract lasting over 150 years?

The primary risks include technological obsolescence of the distribution system, significant changes in energy markets and regulations, contractor financial instability over such a long period, and potential for escalating costs through redetermination clauses. There's also a risk of diminished government oversight effectiveness over generations, potentially leading to suboptimal service or pricing.

How does the long-term nature of this contract impact the government's flexibility in adopting future energy technologies or policies?

The extreme duration significantly limits the government's flexibility. It locks in the current privatization model and technology for over a century, making it challenging and potentially costly to adopt newer, more efficient, or sustainable energy technologies or to implement evolving energy policies. Renegotiating or terminating such a long-term contract would likely involve substantial penalties.

Industry Classification

NAICS: UtilitiesElectric Power Generation, Transmission and DistributionElectric Power Distribution

Product/Service Code: UTILITIES AND HOUSEKEEPINGUTILITIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 2

Pricing Type: FIXED PRICE REDETERMINATION (A)

Evaluated Preference: NONE

Contractor Details

Parent Company: Amber Infrastructure LLC

Address: 6312 SOUTH FIDDLERS GREEN CIR STE 200-E, GREENWOOD VILLAGE, CO, 80111

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $330,308,585

Exercised Options: $330,308,585

Current Obligation: $107,252,758

Actual Outlays: $7,207,147

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2011-09-21

Current End Date: 2062-02-18

Potential End Date: 2062-02-18 00:00:00

Last Modified: 2026-04-07

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