CONTRACTPENDING

ORLO to Reimburse Fees in Scarborough Square Loan Deal

Rockville Housing Enterprises
Disclosed value
33% reimbursement of loan extension fee, legal fees covered by ORLO
From meeting minutes
Document date
Apr 24, 2024

The 30-second brief

What it covers

ORLO, private lender for RHE Scarborough Square, will reimburse 33% of the loan extension fee and cover legal fees as part of a debt-to-equity conversion agreement pending city approval.

Who holds it

ORLO holds this financial services contract with Rockville Housing Enterprises. Its other public contracts on record include work for Rock Springs Housing Authority and City of Agnes.

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Contract details

Contract type
Financial Services
Amount
33% reimbursement of loan extension fee, legal fees covered by ORLO
Document date
April 24, 2024
Vendor
ORLO
Source document
rockville-housing-enterprises-meeting-minutes-2024-04-24_388.pdf (Meeting Minutes)

ORLO's other public contracts

More Rockville Housing Enterprises contracts

Questions about this contract

Who was awarded the financial services contract by Rockville Housing Enterprises?

ORLO was awarded this financial services contract by Rockville Housing Enterprises, as recorded on April 24, 2024. The contract value is 33% reimbursement of loan extension fee, legal fees covered by ORLO.

How much is the ORLO contract with Rockville Housing Enterprises worth?

The ORLO contract with Rockville Housing Enterprises is valued at 33% reimbursement of loan extension fee, legal fees covered by ORLO, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in rockville-housing-enterprises-meeting-minutes-2024-04-24_388.pdf (Meeting Minutes), dated April 24, 2024 from Rockville Housing Enterprises. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does ORLO hold?

ORLO may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Rockville Housing Enterprises currently buying?

Explore Rockville Housing Enterprises's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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