City To Sign $6.16M Water Project Grant With NMFA

Albuquerque plans to enter into a $6,160,000 Water Project Fund Grant Agreement with the New Mexico Finance Authority to finance design and construction of the John St. pump station, gravity pond, and related storm drain improvements. The resolution also certifies that available funds are sufficient to complete the project.

Scope & details

The full contract record, as filed.

Contract amount

$6,160,000

Contract type

FINANCIAL_SERVICES

Renewal

Single grant agreement for a defined water infrastructure project; no renewal terms indicated in the agenda language.

Document type

Agenda

Source document

City of Albuquerque Agenda Letter of Introduction 2026-08-03

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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 Albuquerque?

New Mexico Finance Authority was awarded this financial services contract by City of Albuquerque, as recorded on August 3, 2026. The contract value is $6,160,000.

How much is the New Mexico Finance Authority contract with City of Albuquerque worth?

The New Mexico Finance Authority contract with City of Albuquerque is valued at $6,160,000, 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 City of Albuquerque Agenda Letter of Introduction 2026-08-03 (Agenda), dated August 3, 2026 from City of Albuquerque. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Finance Authority hold?

New Mexico Finance 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.

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