FINANCIAL_SERVICESAMENDED

Borrowing for Public Works Centre Raised to $23M

Council amended the borrowing bylaw to increase funding for the Public Works Operations Centre by an additional $5 million for a new total of $23 million, to be financed over up to 30 years.

Status
AMENDED
Document date
May 13, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Province of Alberta
Agency
City of Cold Lake · Canada

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$5,000,000 (amendment), total $23,000,000 (cumulative)
Contract type
FINANCIAL_SERVICES
Contract term
Not to exceed 30 years
Renewal
Previous amendments increased amount and payment options. Current bylaw allows up to 30-year term, max 10% interest. New borrowing replaces/amends earlier bylaw. No auto-renewal.
Document type
Agenda
Source document
City of Cold Lake Council Meeting Agenda May 13 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Cold Lake?

Province of Alberta was awarded this financial services contract by City of Cold Lake, as recorded on May 13, 2025. The contract value is $5,000,000 (amendment), total $23,000,000 (cumulative).

How much is the Province of Alberta contract with City of Cold Lake worth?

The Province of Alberta contract with City of Cold Lake is valued at $5,000,000 (amendment), total $23,000,000 (cumulative), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Cold Lake Council Meeting Agenda May 13 2025 (Agenda), dated May 13, 2025 from City of Cold Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Province of Alberta hold?

Province of Alberta may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Cold Lake currently buying?

Explore City of Cold Lake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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