FINANCIAL_SERVICESAPPROVED

Colorado Water Resources & Power Development Authority Awards Financial Services Contract to Evergreen Metropolitan District (March 2025)

The Authority approved a Drinking Water Revolving Fund direct loan up to $3 million for the Evergreen Metropolitan District to support crucial upgrades to its water treatment plant, to be repaid over 30 years.

Status
APPROVED
Document date
March 7, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Evergreen Metropolitan District
Agency
Colorado Water Resources & Power Development Authority · CO

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $3,000,000 direct loan (option for $4,400,000 leveraged loan)
Contract type
FINANCIAL_SERVICES
Contract term
Up to 30 years
Renewal date
2055-03-07
Renewal
Loan may be adjusted or rescinded due to federal funding policy or updates; subject to 110% coverage and operational reserve covenants; re-evaluation possible if BIL funding availability changes.
Document type
AgendaPacket
Source document
Colorado Water Resources and Power Development Authority Agenda Packet March 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 Colorado Water Resources & Power Development Authority?

Evergreen Metropolitan District was awarded this financial services contract by Colorado Water Resources & Power Development Authority, as recorded on March 7, 2025. The contract value is Not to exceed $3,000,000 direct loan (option for $4,400,000 leveraged loan).

How much is the Evergreen Metropolitan District contract with Colorado Water Resources & Power Development Authority worth?

The Evergreen Metropolitan District contract with Colorado Water Resources & Power Development Authority is valued at Not to exceed $3,000,000 direct loan (option for $4,400,000 leveraged loan), 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 Colorado Water Resources and Power Development Authority Agenda Packet March 2025 (AgendaPacket), dated March 7, 2025 from Colorado Water Resources & Power Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Evergreen Metropolitan District hold?

Evergreen Metropolitan District 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 Evergreen Metropolitan District's profile

What is Colorado Water Resources & Power Development Authority currently buying?

Explore Colorado Water Resources & Power Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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