FINANCIAL_SERVICESAMENDED

City Accepts Amended State Loan For Water Project

The City of Washington accepted an amended loan offer from the North Carolina Division of Water Infrastructure, raising financing for the Water Treatment Plant Rehabilitation Project to $9,968,910 at 1.76% interest. Council also approved matching budget and grant project ordinance amendments.

Status
AMENDED
Document date
June 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
North Carolina Division of Water Infrastructure
Agency
City of Washington · NC

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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
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Scope & details

The full contract record, as filed.

Contract amount
$9,968,910 loan at 1.76% interest
Contract type
FINANCIAL_SERVICES
Renewal
Amendment increased the original loan by $3,814,910 to a new total of $9,968,910.
Document type
Minutes
Source document
City of Washington Minutes June 8, 2026

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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 Washington?

North Carolina Division of Water Infrastructure was awarded this financial services contract by City of Washington, as recorded on June 8, 2026. The contract value is $9,968,910 loan at 1.76% interest.

How much is the North Carolina Division of Water Infrastructure contract with City of Washington worth?

The North Carolina Division of Water Infrastructure contract with City of Washington is valued at $9,968,910 loan at 1.76% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Washington Minutes June 8, 2026 (Minutes), dated June 8, 2026 from City of Washington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Carolina Division of Water Infrastructure hold?

North Carolina Division of Water Infrastructure 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 North Carolina Division of Water Infrastructure's profile

What is City of Washington currently buying?

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

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