FINANCIAL_SERVICESPENDING

Penticton Considers $38M Firehall Borrowing Bylaw

The City of Penticton is considering a temporary borrowing bylaw to obtain up to $38 million from the Municipal Finance Authority of British Columbia for firehall replacement and upgrade projects. The borrowing is authorized under Firehalls Replacement and Upgrades Loan Authorization Bylaw No. 2026-15 and will proceed upon bylaw adoption.

Status
PENDING
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Finance Authority of British Columbia
Agency
City of Penticton · Canada

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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
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 a maximum of thirty-eight million dollars ($38,000,000)
Contract type
FINANCIAL_SERVICES
Renewal
Single temporary borrowing authorization under Bylaw No. 2026-23; no explicit renewal or extension terms described in the agenda.
Document type
Agenda
Source document
City of Penticton Regular Council Meeting Agenda 2026-08-04

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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 Penticton?

Municipal Finance Authority of British Columbia was awarded this financial services contract by City of Penticton, as recorded on August 4, 2026. The contract value is up to a maximum of thirty-eight million dollars ($38,000,000).

How much is the Municipal Finance Authority of British Columbia contract with City of Penticton worth?

The Municipal Finance Authority of British Columbia contract with City of Penticton is valued at up to a maximum of thirty-eight million dollars ($38,000,000), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Penticton Regular Council Meeting Agenda 2026-08-04 (Agenda), dated August 4, 2026 from City of Penticton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Finance Authority of British Columbia hold?

Municipal Finance Authority of British Columbia 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 Municipal Finance Authority of British Columbia's profile

What is City of Penticton currently buying?

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

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