FINANCIAL_SERVICESAPPROVED

City of Clovis Awards Financial Services Contract to Eastern New Mexico Water Utility Authority (January 2026)

City of Clovis approved a $18.7 million Water Project Fund Loan/Grant Agreement (ENMWUA as recipient) to finance construction on the regional rural water system. The project includes both loan and grant components, supporting water supply for area communities.

Status
APPROVED
Document date
January 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Eastern New Mexico Water Utility Authority
Agency
City of Clovis · NM

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$18,700,000 (Loan/Grant: $1,870,000 loan, $16,830,000 grant)
Contract type
FINANCIAL_SERVICES
Contract term
20 years loan term (plus interim construction period); grant portion upon project completion
Renewal date
2047-06-01
Renewal
Loan amortization for 20 years from final disbursement; amendments require NMFA and City consent. Further grant/loan draws subject to project benchmarks and state fiscal oversight.
Document type
Agenda
Source document
City of Clovis Commission Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Eastern New Mexico Water Utility Authority was awarded this financial services contract by City of Clovis, as recorded on January 22, 2026. The contract value is $18,700,000 (Loan/Grant: $1,870,000 loan, $16,830,000 grant).

How much is the Eastern New Mexico Water Utility Authority contract with City of Clovis worth?

The Eastern New Mexico Water Utility Authority contract with City of Clovis is valued at $18,700,000 (Loan/Grant: $1,870,000 loan, $16,830,000 grant), 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 of Clovis Commission Agenda January 2026 (Agenda), dated January 22, 2026 from City of Clovis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eastern New Mexico Water Utility Authority hold?

Eastern New Mexico Water Utility Authority 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 Eastern New Mexico Water Utility Authority's profile

What is City of Clovis currently buying?

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

View City of Clovis's profile

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