USDA-Funded Water System Expansion Planned for Marble
City of MarbleCity · MN- Disclosed value
- $1,650,000 (total USDA grant/loan), $455,000 (grant), $1,158,000 (loan), 2% MWC contribution, annual payment $58,000
- From agenda
- Document date
- Aug 1, 2024
- Renews
- Free account
The 30-second brief
Marble Water Company is planning a $1.65 million water system expansion funded by a USDA grant/loan package, with project bidding set for early 2025 and construction completion by fall 2025.
Marble Water Company holds this construction contract with City of Marble. Its other public contracts on record include work for Carbondale & Rural Fire Protection District.
The renewal date is on record. A free account shows it, with the renewals for every City of Marble contract.
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Contract details
- Contract type
- Construction
- Amount
- $1,650,000 (total USDA grant/loan), $455,000 (grant), $1,158,000 (loan), 2% MWC contribution, annual payment $58,000
- Document date
- August 1, 2024
- Term
- loan: 40 years (through 2065), project estimated June–September 2025
- Renews
- Free account
- Vendor
- Marble Water Company
- Agency
- City of Marble
- Source document
- city-of-marble-agenda-2024-08-01_9d5.pdf (Agenda)
Marble Water Company's other public contracts
More City of Marble contracts
Questions about this contract
Who was awarded the construction contract by City of Marble?
Marble Water Company was awarded this construction contract by City of Marble, as recorded on August 1, 2024. The contract value is $1,650,000 (total USDA grant/loan), $455,000 (grant), $1,158,000 (loan), 2% MWC contribution, annual payment $58,000.
How much is the Marble Water Company contract with City of Marble worth?
The Marble Water Company contract with City of Marble is valued at $1,650,000 (total USDA grant/loan), $455,000 (grant), $1,158,000 (loan), 2% MWC contribution, annual payment $58,000, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-marble-agenda-2024-08-01_9d5.pdf (Agenda), dated August 1, 2024 from City of Marble. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Marble Water Company hold?
Marble Water Company 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 Marble currently buying?
Explore City of Marble's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.