FINANCIAL_SERVICESAWARDED

South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources Awards Financial Services Contract to City of Canistota (March 2026)

The Board approved a $3,640,000 Drinking Water SRF loan for the city of Canistota at 3.75 percent over 30 years, including up to $2,912,000 in principal forgiveness. The project will replace aging water mains and construct a new 50,000‑gallon elevated tower as part of broader street and utility upgrades.

Status
AWARDED
Document date
March 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
City of Canistota
Agency
South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources · SD

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$3,640,000 (up to $2,912,000 principal forgiveness)
Contract type
FINANCIAL_SERVICES
Contract term
30 years
Renewal date
2056-03-26
Document type
Minutes
Source document
Board of Water and Natural Resources Minutes 2026-03-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources?

City of Canistota was awarded this financial services contract by South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources, as recorded on March 26, 2026. The contract value is $3,640,000 (up to $2,912,000 principal forgiveness).

How much is the City of Canistota contract with South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources worth?

The City of Canistota contract with South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources is valued at $3,640,000 (up to $2,912,000 principal forgiveness), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Board of Water and Natural Resources Minutes 2026-03-26 (Minutes), dated March 26, 2026 from South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Canistota hold?

City of Canistota 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 City of Canistota's profile

What is South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources currently buying?

Explore South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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