IFB WR2024 – Water Rights

Description

CITY OF SOCORRO 111 School of Mines Rd. Socorro, New Mexico 87801 Invitation to Bid Water Rights No. WR2024 The City of Socorro has 180.3674 Consumptive Use Acre feet of water rights for lease. Consideration will be given to the highest bidder until the supply is exhausted. Bids will be accepted until 4:30 p.m. on December 13th. Bids will be opened publicly on December 16th, 2024, at 11:00 a.m. in the City Council Chamber inside City Hall. Other considerations will be: a. Job producing uses b. Agricultural use i. In city limits ii. In county iii. Neighboring counties iv. State-wide c. Non-agricultural uses i. Same considerations as above • The minimum acceptable bid amount will be $280.00/acre for irrigation ($134.00 per acre foot). • The administration fee will be $900.00. • The initial term on the lease(s) will be a 5-year term, recallable by the City of Socorro at any time, with the possibility to extend. Leases are dependent on the approval of the State Engineer. • All leases shall contain terms and covenants consistent with prior City of Socorro water lease. • The City of Socorro reserves the right to reject all bids. City of Socorro Leopoldo (Polo) Pineda, Jr. City Clerk/Chief Procurement Officer Post Office Drawer K Socorro, New Mexico 87801 All bids must be clearly marked “WR2024” in the lower left corner of the envelope. The bidder shall assume full responsibility for the timely delivery of the bid. Bids will be accepted in-person at the City of Socorro, 111 School of Mines Road, Socorro, NM 87801. Mailed bids shall be addressed to: All questions regarding this invitation for bid shall be directed to Donald Monette, City Administrator, at 575-835-0240 or email dmonette@socorronm.gov.