Agreements & Contracts
Browse through the Long Island Power Authority's agreements and contracts.
To view PDF files you must have Adobe Acrobat Reader. Download now
LIPA/National Grid Proposed 2007 Agreement
In connection with the potential acquisition of KeySpan by National Grid, on March 23, 2007, an Agreement in Principle was reached with National Grid/KeySpan on a series of contract-related issues that will provide significant ratepayer, reliability and repowering or power plant emission reduction benefits to LIPA’s electric customers and to the Long Island region. Read release.
- Agreement and Waiver (PDF)
- Exhibit 1 - Amendment to the Amended and Restated MSA (PDF)
- Exhibit 2 - Fourth Amendment to the Power Supply Agreement (PDF)
- Exhibit 3 - First Amendment to the Option Purchase and Sale Agreement (PDF)
- Exhibit 4 - Second Option Purchase and Sale Agreement (PDF)
- Exhibit 5 - Right of First Refusal Agreement (PDF)
- Exhibit 6 - Omnibus Gas Transportation and Balancing Agreement (PDF)
LIPA/KeySpan 2006 Agreements
On January 26, 2006, the LIPA Board of Trustees approved a set of agreements with KeySpan that extended the Management Services Agreement, set out a new power plant purchase option for LIPA and resolved certain outstanding financial issues. The following documents represent the LIPA/KeySpan Agreements of 2006.
- Amended and Restated Management Services Agreement (PDF)
- Option and Purchase and Sale Agreement (PDF)
- Settlement Agreement and Release (PDF)
LIPA/LILCO 1997 Agreements
Agreement and Plan of Merger (PDF)
BL Holding Corp., Long Island Lighting Company, Long Island
Power Authority and LIPA Acquisition Corp, June 26, 1997
- Schedule A: Transferred Assets (PDF)
- Schedule B: Principles & Procedures for Finalizing the Transferred Asset (PDF)
- Schedule C: Transition Work (PDF)
- Schedule D: Tax Matters (PDF)
- LILCO Tax Matters Disclosure Schedule (PDF)
- Schedule E: Employment Matters (PDF)
- Schedule F: Grant of Future Rights (PDF)
- Schedule G: Retained Assets (PDF)
- Parent Disclosure Schedule (PDF)
-
Energy Management Agreement - June 26, 1997
(PDF)
- Generation Purchase Right Agreement - June 26, 1997 (PDF)
- Guaranty Agreement (PDF) between BL Holding Corp. and LIPA
- Liabilities Undertaking and Indemnification Agreement - June 26, 1997 (PDF)
-
Management Services Agreement - June 26, 1997
(PDF)
- Appendix 1 (PDF)
- Appendices 2 through 14 (PDF)
- Power Supply Agreement - June 26, 1997 (PDF)
- Form of Certificate of Designation (PDF)
