FINANCIAL_SERVICESAPPROVED

Regional Municipality of Peel Awards Financial Services Contract to Ontario Infrastructure & Lands Corporation (oilc) (September 2025)

Peel Region Council approved a long-term financing arrangement with Ontario Infrastructure and Lands Corporation for up to $420.99 million under the Housing Enabling Water Infrastructure Program. The borrowing will support major water and wastewater infrastructure projects needed for new housing development.

Status
APPROVED
Document date
September 25, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Ontario Infrastructure & Lands Corporation (oilc)
Agency
Regional Municipality of Peel · Canada

Trusted by teams at

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
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 $420,998,460.43
Contract type
FINANCIAL_SERVICES
Contract term
Long-term financing arrangement; specific amortization not stated
Renewal
Financing terms will be set through a Rate Offer Letter; no renewal options described.
Document type
Minutes
Source document
Regional Municipality of Peel Council Meeting Minutes 2025-09-25

Related contracts

Other contracts from Ontario Infrastructure & Lands Corporation (oilc).

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Regional Municipality of Peel?

Ontario Infrastructure & Lands Corporation (oilc) was awarded this financial services contract by Regional Municipality of Peel, as recorded on September 25, 2025. The contract value is Not to exceed $420,998,460.43.

How much is the Ontario Infrastructure & Lands Corporation (oilc) contract with Regional Municipality of Peel worth?

The Ontario Infrastructure & Lands Corporation (oilc) contract with Regional Municipality of Peel is valued at Not to exceed $420,998,460.43, 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 Regional Municipality of Peel Council Meeting Minutes 2025-09-25 (Minutes), dated September 25, 2025 from Regional Municipality of Peel. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure & Lands Corporation (oilc) hold?

Ontario Infrastructure & Lands Corporation (oilc) 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 Ontario Infrastructure & Lands Corporation (oilc)'s profile

What is Regional Municipality of Peel currently buying?

Explore Regional Municipality of Peel's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Regional Municipality of Peel's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free