Town of Edson Awards $3,092,100 Financial Services Contract to Province of Alberta (July 2026)

Edson Council is proceeding with Bylaw No. 2336 to borrow $3,092,100 by debenture from the Province of Alberta or another authorized financial institution for the Water - DeGas Upgrade project. The 25-year borrowing will finance methane management upgrades and reverse osmosis treatment, with annual payments recovered through user fees.

Scope & details

The full contract record, as filed.

Contract amount

$3,092,100

Contract type

FINANCIAL_SERVICES

Contract term

Not to exceed 25 years

Renewal

New long-term utility debenture; term up to 25 years with semi-annual blended payments at an interest rate not exceeding 7%.

Document type

Agenda

Source document

Town of Edson Agenda Regular Council Meeting 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Edson?

Province of Alberta was awarded this financial services contract by Town of Edson, as recorded on July 21, 2026. The contract value is $3,092,100.

How much is the Province of Alberta contract with Town of Edson worth?

The Province of Alberta contract with Town of Edson is valued at $3,092,100, 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 Town of Edson Agenda Regular Council Meeting 2026-07-21 (Agenda), dated July 21, 2026 from Town of Edson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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