FINANCIAL_SERVICESPENDING

Wayne secures $1.86 million state loan for water mains

The City of Wayne is entering into a Drinking Water State Revolving Fund loan agreement with the Nebraska Department of Water, Energy, and Environment for up to $1,860,000 to replace undersized water mains and related infrastructure. The loan carries a 0.75% interest rate plus a 0.75% administrative fee, with semiannual repayments over up to 30 years following project initiation of operation.

Status
PENDING
Document date
June 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Nebraska Department of Water Energy & Environment
Agency
City of Wayne · NE

Trusted by teams at

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
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
Not to exceed $1,860,000
Contract type
FINANCIAL_SERVICES
Contract term
Repayment to begin by June 15, 2028 at the latest and be completed no later than 30 years from Initiation of Operation (projected Initiation of Operation August 2027)
Renewal
Single-term state revolving fund loan; repayment must begin within one year of Initiation of Operation or three years from the loan date, whichever occurs first, and be fully repaid within 30 years of Initiation of Operation. No automatic renewals are described; prepayment is allowed subject to conditions on timing and minimum prepayment amounts.
Document type
Agreement
Source document
City of Wayne Loan Agreement D311745 2026-06-01

Related contracts

Other contracts from Nebraska Department of Water Energy & Environment.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Nebraska Department of Water Energy & Environment was awarded this financial services contract by City of Wayne, as recorded on June 1, 2026. The contract value is Not to exceed $1,860,000.

How much is the Nebraska Department of Water Energy & Environment contract with City of Wayne worth?

The Nebraska Department of Water Energy & Environment contract with City of Wayne is valued at Not to exceed $1,860,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Wayne Loan Agreement D311745 2026-06-01 (Agreement), dated June 1, 2026 from City of Wayne. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nebraska Department of Water Energy & Environment hold?

Nebraska Department of Water Energy & Environment 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 Nebraska Department of Water Energy & Environment's profile

What is City of Wayne currently buying?

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

View City of Wayne's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free