FINANCIAL_SERVICESAPPROVED

DuPage County Water District Awards Financial Services Contract to Raftelis Inc (July 2026)

The DuPage Water Commission approved Resolution R-58-26 authorizing Task Order #3 with Raftelis, Inc. under its Master Services Agreement to act as Financial Advisor/Consultant for the Regional Source Water Initiative. The task order, not to exceed $199,785 with 30% cost reimbursement from NSMJAWA, covers comprehensive financial strategy, WIFIA support, cash flow modeling, and escrow administration for the Lake Michigan Water Supply Initiative through June 30, 2027.

Status
APPROVED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Raftelis Inc
Agency
DuPage County Water District · IL

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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
Not-to-exceed $199,785, 30% reimbursable from NSMJAWA
Contract type
FINANCIAL_SERVICES
Contract term
Anticipated duration August 1, 2026 to June 30, 2027 (per Task Order 03 scope)
Renewal date
2027-06-30
Renewal
This is Task Order #3 under an existing Master Contract for Professional Consulting Services, to be performed on a time-and-expense basis up to $199,785 between August 1, 2026 and June 30, 2027; future change orders may be requested if scope expands.
Document type
AgendaPacket
Source document
DuPage Water Commission AgendaPacket Finance Committee Meeting 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by DuPage County Water District?

Raftelis Inc was awarded this financial services contract by DuPage County Water District, as recorded on July 12, 2026. The contract value is Not-to-exceed $199,785, 30% reimbursable from NSMJAWA.

How much is the Raftelis Inc contract with DuPage County Water District worth?

The Raftelis Inc contract with DuPage County Water District is valued at Not-to-exceed $199,785, 30% reimbursable from NSMJAWA, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in DuPage Water Commission AgendaPacket Finance Committee Meeting 2026-07-16 (AgendaPacket), dated July 12, 2026 from DuPage County Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Raftelis Inc hold?

Raftelis Inc 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 Raftelis Inc's profile

What is DuPage County Water District currently buying?

Explore DuPage County Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View DuPage County Water District's profile

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