FINANCIAL_SERVICESAPPROVED

Town of Hot Sulphur Springs Awards Financial Services Contract to Colorado Water Resources & Power Development Authority (June 2026)

The Board of Trustees approved Ordinance 2026-06-16-429 authorizing a $1.8 million State Revolving Fund loan from the Colorado Water Resources and Power Development Authority, with up to $500,000 in principal forgiveness tied to water infrastructure spending. The Town expects to repay about $1.3 million with interest only on the non-forgiven portion.

Status
APPROVED
Document date
June 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Colorado Water Resources & Power Development Authority
Agency
Town of Hot Sulphur Springs · CO

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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
$1,800,000 State Revolving Fund loan (approximately $500,000 principal forgiveness; about $1,300,000 to be repaid)
Contract type
FINANCIAL_SERVICES
Renewal
Principal forgiveness is phased and contingent on the Town expending approximately $1.2 million of loan funds on eligible projects; forgiveness amount will be adjusted if less than the full loan amount is used.
Document type
Minutes
Source document
Town of Hot Sulphur Springs Board of Trustees Meeting Minutes 2026-06-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Hot Sulphur Springs?

Colorado Water Resources & Power Development Authority was awarded this financial services contract by Town of Hot Sulphur Springs, as recorded on June 18, 2026. The contract value is $1,800,000 State Revolving Fund loan (approximately $500,000 principal forgiveness; about $1,300,000 to be repaid).

How much is the Colorado Water Resources & Power Development Authority contract with Town of Hot Sulphur Springs worth?

The Colorado Water Resources & Power Development Authority contract with Town of Hot Sulphur Springs is valued at $1,800,000 State Revolving Fund loan (approximately $500,000 principal forgiveness; about $1,300,000 to be repaid), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Hot Sulphur Springs Board of Trustees Meeting Minutes 2026-06-18 (Minutes), dated June 18, 2026 from Town of Hot Sulphur Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colorado Water Resources & Power Development Authority hold?

Colorado Water Resources & Power Development 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 Colorado Water Resources & Power Development Authority's profile

What is Town of Hot Sulphur Springs currently buying?

Explore Town of Hot Sulphur Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Hot Sulphur Springs's profile

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