Wayne secures $1.86 million state loan for water mains
City of WayneCity · Wayne, NE- Disclosed value
- Not to exceed $1,860,000
- From agreement
- Document date
- Jun 1, 2026
The 30-second brief
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.
Nebraska Department of Water Energy & Environment holds this financial services contract with City of Wayne. Its other public contracts on record include work for David city Housing Authority and Knox County.
Term as filed: 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).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $1,860,000
- Document date
- June 1, 2026
- 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)
- Agency
- City of Wayne
- Source document
- City of Wayne Loan Agreement D311745 2026-06-01 (Agreement)
Nebraska Department of Water Energy & Environment's other public contracts
More City of Wayne contracts
Questions about this contract
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.
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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.
What is City of Wayne currently buying?
Explore City of Wayne's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.