FINANCIAL_SERVICESRECOMMENDED

CWCB Staff Backs $9.85M Loan for Pueblo Dam

Colorado Water Conservation Board staff recommends a 20‑year, not‑to‑exceed $9.85 million loan to the Board of Water Works of Pueblo to finance the Southside Diversion Dam Improvement Project. The financing would come from the Severance Tax Perpetual Base Fund at 2.25% interest with a second‑lien pledge of utility net revenues.

Status
RECOMMENDED
Document date
March 15, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Board of Water Works of Pueblo
Agency
Colorado Water Conservation Board · CO

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TerraCycle logo
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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
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $9,847,500 ($9,750,000 for project costs and $97,500 for the 1% service fee)
Contract type
FINANCIAL_SERVICES
Contract term
20 years at 2.25% interest per annum
Renewal
Single 20‑year loan; no renewals or extensions are described.
Document type
Report
Source document
colorado-water-conservation-board-meeting-report_a4b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Colorado Water Conservation Board?

Board of Water Works of Pueblo was awarded this financial services contract by Colorado Water Conservation Board, as recorded on March 15, 2023. The contract value is Not to exceed $9,847,500 ($9,750,000 for project costs and $97,500 for the 1% service fee).

How much is the Board of Water Works of Pueblo contract with Colorado Water Conservation Board worth?

The Board of Water Works of Pueblo contract with Colorado Water Conservation Board is valued at Not to exceed $9,847,500 ($9,750,000 for project costs and $97,500 for the 1% service fee), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in colorado-water-conservation-board-meeting-report_a4b.pdf (Report), dated March 15, 2023 from Colorado Water Conservation Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Board of Water Works of Pueblo hold?

Board of Water Works of Pueblo may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Colorado Water Conservation Board currently buying?

Explore Colorado Water Conservation Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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