FINANCIAL_SERVICESAPPROVED

City of College Place Awards Financial Services Contract to City of College Place (December 2025)

The Washington State Department of Health awarded a $510,000 zero-interest Drinking Water State Revolving Fund pre-construction loan to the City of College Place for planning and design of the SE 12th Street water main reconstruction project. The 10-year loan, which includes a $10,000 loan fee and federal EPA funding conditions, will finance engineering, bid document preparation, and related pre-construction costs with repayment beginning within a year of execution and concluding by October 1, 2035.

Status
APPROVED
Document date
December 15, 2025
Contract type
FINANCIAL_SERVICES
Vendor
City of College Place
Agency
City of College Place · WA

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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
$510,000 (including $10,000 loan fee)
Contract type
FINANCIAL_SERVICES
Contract term
10 years; earliest reimbursement 12 months prior to contract execution; time of performance 24 months from execution; first payment due October 1 following execution; contract end date October 1, 2035
Renewal date
2035-10-01
Renewal
Base loan term is 10 years from contract execution, with annual payments due each October 1 until the balance is repaid by October 1, 2035. Time of performance for pre-construction work is 24 months from execution; amendments may extend time of performance or increase loan amount, in which case an additional 2% fee on the increase will be assessed. Any future amendments changing term or amount must be in writing and approved by DOH.
Document type
Contract
Source document
Washington State Department of Health Contract Drinking Water State Revolving Fund Pre Construction Loan Contract 2025-12-15

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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 College Place?

City of College Place was awarded this financial services contract by City of College Place, as recorded on December 15, 2025. The contract value is $510,000 (including $10,000 loan fee).

How much is the City of College Place contract with City of College Place worth?

The City of College Place contract with City of College Place is valued at $510,000 (including $10,000 loan fee), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Washington State Department of Health Contract Drinking Water State Revolving Fund Pre Construction Loan Contract 2025-12-15 (Contract), dated December 15, 2025 from City of College Place. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of College Place hold?

City of College Place 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 City of College Place currently buying?

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

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