Description
The City of Hamilton is offering for sale its 10‑mile, 138 kV overhead transmission line associated with the Greenup Hydroelectric Plant, including all physical line assets (conductors, poles, structures, hardware, and easements). The solicitation seeks a qualified entity to purchase the line, assume ownership, and assume responsibility for any future operations, maintenance, or disposition. Bidders must submit a sealed proposal stating their total purchase price, payment terms, and a 10 % bid surety deposit, and will be evaluated on price, capability, schedule adherence, and contract certainty. The transaction is expected to close by early November 2026, with a 120‑day proposal validity period.
• Sale of the complete transmission line (≈10 mi, 138 kV) and associated infrastructure.
• Requires demonstration of experience with utility transmission assets and financial ability to post a 10 % surety deposit.
• Evaluation weighted on price (15 %), proposer capability (20 %), schedule and closing certainty (total 35 %).
• No‑contact period ends upon execution of the purchase agreement; all addenda must be acknowledged in the proposal.