FINANCIAL_SERVICESPENDING

City Seeks KIA Financing for Lower PC3 Sewer Project

Frankfort staff recommends approval of a Conditional Commitment Letter with the Kentucky Infrastructure Authority for an $18,793,409 assistance agreement to fund Lower PC3 sewer construction, including 30% principal forgiveness. The action would authorize the City to move forward with this infrastructure financing arrangement.

Status
PENDING
Document date
March 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kentucky Infrastructure Authority
Agency
City of Frankfort · KY

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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
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
$18,793,409.00
Contract type
FINANCIAL_SERVICES
Renewal
Conditional Commitment Letter for an Assistance Agreement with 30% principal forgiveness; future conversion to a final loan agreement and any renewal terms are not detailed in the agenda.
Document type
AgendaPacket
Source document
City of Frankfort Board of Commissioners Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Frankfort?

Kentucky Infrastructure Authority was awarded this financial services contract by City of Frankfort, as recorded on March 23, 2026. The contract value is $18,793,409.00.

How much is the Kentucky Infrastructure Authority contract with City of Frankfort worth?

The Kentucky Infrastructure Authority contract with City of Frankfort is valued at $18,793,409.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Frankfort Board of Commissioners Agenda March 2026 (AgendaPacket), dated March 23, 2026 from City of Frankfort. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kentucky Infrastructure Authority hold?

Kentucky Infrastructure 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 Kentucky Infrastructure Authority's profile

What is City of Frankfort currently buying?

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

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