FINANCIAL_SERVICESAPPROVED

Mantua Township MUA Awards Financial Services Contract to New Jersey Infrastructure Bank (June 2026)

The Mantua Township Municipal Utilities Authority approved issuing and selling up to $4,000,000 in Subordinate Project Notes, Series 2026, to the New Jersey Infrastructure Bank to provide interim financing for construction of Well 3A and related environmental infrastructure facilities. The notes will be subordinate revenue obligations with interest not exceeding 5% and secured by pledged system revenues and a township service contract.

Status
APPROVED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
New Jersey Infrastructure Bank
Agency
Mantua Township MUA · NJ

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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
Up to $4,000,000 principal
Contract type
FINANCIAL_SERVICES
Renewal
Short-term subordinate project notes issued under the NJIB Interim Financing Program as interim financing, expected to be taken out or refinanced through the New Jersey Water Bank permanent financing; specific maturity and any extensions to be set in a future award certificate.
Document type
Resolution
Source document
Mantua Township Municipal Utilities Authority Resolution 2026-33 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mantua Township MUA?

New Jersey Infrastructure Bank was awarded this financial services contract by Mantua Township MUA, as recorded on June 16, 2026. The contract value is Up to $4,000,000 principal.

How much is the New Jersey Infrastructure Bank contract with Mantua Township MUA worth?

The New Jersey Infrastructure Bank contract with Mantua Township MUA is valued at Up to $4,000,000 principal, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Mantua Township Municipal Utilities Authority Resolution 2026-33 2026-06-16 (Resolution), dated June 16, 2026 from Mantua Township MUA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Jersey Infrastructure Bank hold?

New Jersey Infrastructure Bank 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 New Jersey Infrastructure Bank's profile

What is Mantua Township MUA currently buying?

Explore Mantua Township MUA's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Mantua Township MUA's profile

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