Town of Crossfield Awards $1,850,000 Financial Services Contract to Province of Alberta (June 2026)

The Town of Crossfield approved Borrowing Bylaw 2026-05, authorizing up to $1,850,000 in debenture financing from the Province of Alberta or another financial institution. The funds will support Laut Avenue reconstruction, deep utility replacement, and bulk water station drainage improvements over a term of up to 25 years.

Scope & details

The full contract record, as filed.

Contract amount

$1,850,000

Contract type

FINANCIAL_SERVICES

Contract term

Debenture term not to exceed 25 years; semi-annual blended principal and interest payments at a rate not exceeding 5.00%

Renewal

Single debenture borrowing for a term not exceeding 25 years; no explicit renewal options stated.

Document type

Agenda

Source document

Town of Crossfield Agenda Regular Council Meeting 2026-06-02

Related contracts

Other contracts from Province of Alberta.

View all →

Town of Edson Agenda Regular Council Meeting 2026-07-21

PENDING

Town of Edson, Canada$2,500,000Jul 21, 2026

Town of Edson Agenda Regular Council Meeting 2026-07-21

APPROVED

Town of Edson, Canada$3,092,100Jul 21, 2026

City of Camrose and Camrose County Agenda Camrose Intermunicipal Committee 2026-06-29

ONGOING

City of Camrose, CanadaJun 29, 2026

City of Cold Lake Council Meeting Agenda May 13 2025

APPROVED

City of Cold Lake, Canada$3,750,000May 13, 2025

City of Cold Lake Council Meeting Agenda May 13 2025

AMENDED

City of Cold Lake, Canada$5,000,000 (amendment), total $23,000,000 (cumulative)May 13, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Crossfield?

Province of Alberta was awarded this financial services contract by Town of Crossfield, as recorded on June 2, 2026. The contract value is $1,850,000.

How much is the Province of Alberta contract with Town of Crossfield worth?

The Province of Alberta contract with Town of Crossfield is valued at $1,850,000, 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 Town of Crossfield Agenda Regular Council Meeting 2026-06-02 (Agenda), dated June 2, 2026 from Town of Crossfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Province of Alberta hold?

Province of Alberta 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 Province of Alberta's profile

What is Town of Crossfield currently buying?

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

View Town of Crossfield's profile