RUA Advances $4.8M SRF Loan for Holt Water Works
Walton-Okaloosa-Santa Rosa Regional Utility AuthorityUtility District · Pensacola, FL- Disclosed value
- $4,800,000 (requested principal), plus capitalized interest and loan service fee; estimated semiannual payment $1,657 on SRF DW170440 as shown in Attachment #3
- From agendapacket
- Document date
- Oct 2, 2025
The 30-second brief
The Regional Utility Authority is submitting a $4.8 million Drinking Water State Revolving Fund loan application on behalf of Holt Water Works, Inc. to finance waterline replacements, a new well and treatment plant, and a 300,000-gallon elevated tank. The 20-year loan, identified as Project No. DW170440, will be repaid from Holt’s water system revenues under an interlocal agreement with the Authority.
Holt Water Works Inc holds this financial services contract with Walton-Okaloosa-Santa Rosa Regional Utility Authority. Its other public contracts on record include work for Walton / Okaloosa / Santa Rosa Regional Utility Authority.
Term as filed: 20-year amortization requested; anticipated construction period March 1, 2026 – September 1, 2027.
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Contract details
- Contract type
- Financial Services
- Amount
- $4,800,000 (requested principal), plus capitalized interest and loan service fee; estimated semiannual payment $1,657 on SRF DW170440 as shown in Attachment #3
- Document date
- October 2, 2025
- Term
- 20-year amortization requested; anticipated construction period March 1, 2026 – September 1, 2027
- Vendor
- Holt Water Works Inc
- Source document
- Walton/Okaloosa/Santa Rosa Regional Utility Authority Meeting Agenda Packet October 2025 (AgendaPacket)
Holt Water Works Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Walton-Okaloosa-Santa Rosa Regional Utility Authority?
Holt Water Works Inc was awarded this financial services contract by Walton-Okaloosa-Santa Rosa Regional Utility Authority, as recorded on October 2, 2025. The contract value is $4,800,000 (requested principal), plus capitalized interest and loan service fee; estimated semiannual payment $1,657 on SRF DW170440 as shown in Attachment #3.
How much is the Holt Water Works Inc contract with Walton-Okaloosa-Santa Rosa Regional Utility Authority worth?
The Holt Water Works Inc contract with Walton-Okaloosa-Santa Rosa Regional Utility Authority is valued at $4,800,000 (requested principal), plus capitalized interest and loan service fee; estimated semiannual payment $1,657 on SRF DW170440 as shown in Attachment #3, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Walton/Okaloosa/Santa Rosa Regional Utility Authority Meeting Agenda Packet October 2025 (AgendaPacket), dated October 2, 2025 from Walton-Okaloosa-Santa Rosa Regional Utility Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Holt Water Works Inc hold?
Holt Water Works Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Walton-Okaloosa-Santa Rosa Regional Utility Authority currently buying?
Explore Walton-Okaloosa-Santa Rosa Regional Utility Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.