Regional Municipality of Peel Debt Issuance Committee Agenda June 12 2025
Peel approves $7.78M CIB loan for ZEB buses
Trusted by teams at
Description
The Regional Municipality of Peel Debt Issuance Committee approved By-law 27-2025 to draw down $7,780,000 from the Canada Infrastructure Bank under a conditional loan agreement. The funds will finance Brampton’s first ten zero-emission buses as part of the ZEB transit electrification project, with repayment governed by the existing Credit Agreement and conditional repayment schedule.
Contract Details
Contract Amount
$7,780,000.00
Vendor
CANADA INFRASTRUCTURE BANK
Agency
Regional Municipality of Peel, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 12, 2025
Renewal Info
Borrowing is a drawdown under a March 29, 2022 conditional loan Credit Agreement with the Canada Infrastructure Bank; repayment follows the conditional schedule in Schedule A and the Credit Agreement terms.
More from CANADA INFRASTRUCTURE BANK
Related Contracts
City of Richmond Special Council Meeting Agenda Packet 2026-06-15
ONGOINGNiagara Region Report PDS 16-2025 Niagara Irrigation Initiative Project September 2025
AWARDEDThe Regional Municipality of Peel Debt Issuance Committee Minutes June 2025
APPROVEDRegional Municipality of Peel Debt Issuance Committee Agenda June 12, 2025
PENDINGTown of Carleton Place Council Meeting Agenda June 2025
PENDINGIssuing Agency
Regional Municipality of Peel
Special District
Brampton and Mississauga, Canada
More from Regional Municipality of Peel
Regional Municipality of Peel Debt Issuance Committee AgendaPacket 2026-05-28
Regional Municipality of Peel Debt Issuance Committee AgendaPacket 2026-05-28
Regional Municipality of Peel Debt Issuance Committee AgendaPacket 2026-05-28
The Regional Municipality of Peel Waste Management Strategic Advisory Committee Agenda 2026-05-21
The Regional Municipality of Peel Waste Management Strategic Advisory Committee Agenda 2026-05-21
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.