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.

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

Related contracts

Other contracts from Ohio Department of Transportation State Infrastructure Bank.

View all →

City of New Philadelphia Agenda 2026-08-24

PENDING

City of New Philadelphia, OhioAug 14, 2026

Fairfield County Commissioners Regular Agenda March 2026

AMENDED

Fairfield County, OhioNot to exceed $4,008,000 in principal amountMar 24, 2026

West Milton Council Agenda 2025-06-10

PENDING

West Milton village, OhioNot to exceed $800,000Jun 10, 2025

city-of-west-carrollton-agenda-2025-04-22_11c.pdf

pending

City of West Carrollton, Ohio$1,860,000Apr 22, 2025

city_of_forest_park_council_meeting_minutes_novemb.pdf

APPROVED

City of Forest Park, OhioNov 21, 2022

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.

View Lucas County's profile