FINANCIAL_SERVICESAPPROVED

City of Austin city Awards Financial Services Contract to United States Environmental Protection Agency (May 2026)

The City of Austin entered into a WIFIA loan agreement with the United States Environmental Protection Agency for up to $861.3 million, funding the Walnut Creek Wastewater Treatment Plant Expansion and Enhancements Project. The agreement provides long-term, low-cost financing and establishes terms for drawdown, repayment, and project delivery.

Status
APPROVED
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
United States Environmental Protection Agency
Agency
City of Austin city · TX

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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
Up to $861,331,335 (not including capitalized interest); aggregate not to exceed $1,000,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Effective Date (mid-2026) to Final Maturity Date (not explicitly stated; term based on amortization schedule, up to 35 years)
Renewal
Loan may be amended subject to agreement terms. No explicit renewals; modifications governed by Article VII. Early prepayment allowed without penalty after Final Disbursement Date. Servicing fees and costs apply annually during construction and operating periods, adjusted to Consumer Price Index.
Document type
Agreement
Source document
City of Austin WIFIA Loan Agreement Walnut Creek Wastewater Treatment Plant Expansion and Enhancements Project 2026-05-21

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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 Austin city?

United States Environmental Protection Agency was awarded this financial services contract by City of Austin city, as recorded on May 21, 2026. The contract value is Up to $861,331,335 (not including capitalized interest); aggregate not to exceed $1,000,000,000.

How much is the United States Environmental Protection Agency contract with City of Austin city worth?

The United States Environmental Protection Agency contract with City of Austin city is valued at Up to $861,331,335 (not including capitalized interest); aggregate not to exceed $1,000,000,000, 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 Austin WIFIA Loan Agreement Walnut Creek Wastewater Treatment Plant Expansion and Enhancements Project 2026-05-21 (Agreement), dated May 21, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United States Environmental Protection Agency hold?

United States Environmental Protection Agency 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 United States Environmental Protection Agency's profile

What is City of Austin city currently buying?

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

View City of Austin city's profile

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