Town of Narrows Awards $1,500,000 Loan Contract to State Department of Environmental Quality (July 2025)
Town of NarrowsCity · VA- Disclosed value
- $1,500,000
- From minutes
- Approved
- Jul 14, 2025
- Term
- 30 years
The 30-second brief
The town was approved for a $1.5 million clean water revolving fund loan issued through the state for wastewater I&I study and wastewater collection improvements. Interest will not be paid during the project, and the interest rate for the 30 year loan is in the high 3's.
State Department of Environmental Quality holds this loan contract with Town of Narrows. Its other public contracts on record include work for Town of Stanardsville and City of Shelley.
Term as filed: 30 years.
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Contract details
- Contract type
- Loan
- Amount
- $1,500,000
- Document date
- July 14, 2025
- Term
- 30 years
- Agency
- Town of Narrows
- Source document
- town-of-narrows-council-meeting-minutes-july-14-2025_0dd.pdf (Minutes)
State Department of Environmental Quality's other public contracts
More Town of Narrows contracts
Questions about this contract
Who was awarded the loan contract by Town of Narrows?
State Department of Environmental Quality was awarded this loan contract by Town of Narrows, as recorded on July 14, 2025. The contract value is $1,500,000.
How much is the State Department of Environmental Quality contract with Town of Narrows worth?
The State Department of Environmental Quality contract with Town of Narrows is valued at $1,500,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a minutes record.
Where was this contract approved?
This contract appears in town-of-narrows-council-meeting-minutes-july-14-2025_0dd.pdf (Minutes), dated July 14, 2025 from Town of Narrows. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does State Department of Environmental Quality hold?
State Department of Environmental Quality may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Narrows currently buying?
Explore Town of Narrows's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.