FINANCIAL_SERVICESAPPROVED

Lucas County Awards $3,008,000 Financial Services Contract to Ohio Department of Transportation State Infrastructure Bank (February 2026)

The Ohio Department of Transportation State Infrastructure Bank has approved an $3,008,000 loan to Lucas County for the US-20A and Albon Road Roundabout Intersection Improvement Project. The loan features 18-year terms with interest-free payments in year one and 3.0% interest thereafter, with semi-annual repayments beginning October 2028.

Document date · February 23, 2026

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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
$3,008,000.00
Contract type
FINANCIAL_SERVICES
Contract term
April 1, 2026 – April 1, 2044 (18 years)
Renewal date
2044-04-01
Renewal
Loan term is 18 years; interest adjustments are specified. No automatic renewal or extension clauses stated.
Document type
Budget
Source document
ohio_dot_sib_loan_payment_schedule.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 Lucas County?

Ohio Department of Transportation State Infrastructure Bank was awarded this financial services contract by Lucas County, as recorded on February 23, 2026. The contract value is $3,008,000.00.

How much is the Ohio Department of Transportation State Infrastructure Bank contract with Lucas County worth?

The Ohio Department of Transportation State Infrastructure Bank contract with Lucas County is valued at $3,008,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in ohio_dot_sib_loan_payment_schedule.pdf (Budget), dated February 23, 2026 from Lucas County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ohio Department of Transportation State Infrastructure Bank hold?

Ohio Department of Transportation State Infrastructure Bank 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 Ohio Department of Transportation State Infrastructure Bank's profile

What is Lucas County currently buying?

Explore Lucas County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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