$2.67M SRF Loan Approved for Basin Rehabilitation
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Description
ReWa Commission approved a $2.67 million State Revolving Fund loan with the South Carolina Water Quality Revolving Fund Authority for Basins 400A-1718 and 205 Sewer Rehabilitation. Repayment is over 20 years from pledged revenues.
Contract Details
Contract Amount
$2,669,025 plus capitalized interest
Vendor
SOUTH CAROLINA WATER QUALITY REVOLVING FUND AUTHORITY
Agency
Renewable Water Resources, SC
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Contract Term
Up to 20 years from first payment due date (anticipated March 27, 2026)
Renewal Date
2046-03-27
Renewal Info
Loan period up to 20 years; no auto-renewal; final payment due per loan agreement.
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