OTHERPENDING

Valley Water Explores Willow Springs Banking Partnership

Valley Water is exploring participation in the privately managed Willow Springs Water Bank, led by CIM group, and is developing a non‑binding Memorandum of Interest. The large‑scale bank would offer up to 1 million acre‑feet of storage and significant recharge and recovery capacity, with an estimated $581 million project cost supported in part by state grants.

Status
PENDING
Document date
June 8, 2026
Contract type
OTHER
Vendor
Cim Group
Agency
Santa Clara Valley Water District · CA

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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
$581,000,000 (total project cost estimate; Valley Water share TBD)
Contract type
OTHER
Renewal
Only a prospective, non‑binding Memorandum of Interest is under development; any future binding banking or capacity agreement, along with renewal or extension provisions, would require separate Board authorization.
Document type
AgendaPacket
Source document
Santa Clara Valley Water District AgendaPacket Water Supply and Demand Management Committee 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Santa Clara Valley Water District?

Cim Group was awarded this government contract by Santa Clara Valley Water District, as recorded on June 8, 2026. The contract value is $581,000,000 (total project cost estimate; Valley Water share TBD).

How much is the Cim Group contract with Santa Clara Valley Water District worth?

The Cim Group contract with Santa Clara Valley Water District is valued at $581,000,000 (total project cost estimate; Valley Water share TBD).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Santa Clara Valley Water District AgendaPacket Water Supply and Demand Management Committee 2026-06-08 (AgendaPacket), dated June 8, 2026 from Santa Clara Valley Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cim Group hold?

Cim Group 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 Santa Clara Valley Water District currently buying?

Explore Santa Clara Valley Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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