FINANCIAL_SERVICESPENDING

City Plans $2.8M NMFA Water Project Financing

Tucumcari plans to authorize a $2.8 million Water Project Fund loan/grant agreement with the New Mexico Finance Authority, including a $280,000 loan component, to fund the Eleventh Street steel tank, Hoover Well Field, and related transmission lines. The resolution would permit execution and delivery of the financing agreement upon commission approval.

Status
PENDING
Document date
December 11, 2025
Contract type
FINANCIAL_SERVICES
Vendor
New Mexico Finance Authority (nmfa)
Agency
City of Tucumcari · NM

Trusted by teams at

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
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
$2,800,000 (including a $280,000 loan component)
Contract type
FINANCIAL_SERVICES
Renewal
Initial loan/grant agreement authorization; repayment schedule and maturity date will be defined in the forthcoming NMFA agreement documents.
Document type
Agenda
Source document
city_commission_meeting_agenda_december_2025.pdf

Related contracts

Other contracts from New Mexico Finance Authority (nmfa).

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Tucumcari?

New Mexico Finance Authority (nmfa) was awarded this financial services contract by City of Tucumcari, as recorded on December 11, 2025. The contract value is $2,800,000 (including a $280,000 loan component).

How much is the New Mexico Finance Authority (nmfa) contract with City of Tucumcari worth?

The New Mexico Finance Authority (nmfa) contract with City of Tucumcari is valued at $2,800,000 (including a $280,000 loan component), 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_commission_meeting_agenda_december_2025.pdf (Agenda), dated December 11, 2025 from City of Tucumcari. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Finance Authority (nmfa) hold?

New Mexico Finance Authority (nmfa) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View New Mexico Finance Authority (nmfa)'s profile

What is City of Tucumcari currently buying?

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

View City of Tucumcari's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free