South Dakota Water and Natural Resources Board | State of South Dakota Awards Financial Services Contract to City of Salem (March 2026)
South Dakota Water and Natural Resources Board | State of South DakotaState · Pierre, SD- Disclosed value
- $2,100,000 Drinking Water SRF loan (up to $1,000,000 principal forgiveness)
- From minutes
- Awarded
- Mar 26, 2026
- Term
- 30 years
The 30-second brief
The Board approved a $2,100,000 Drinking Water SRF loan for the City of Salem, including up to $1,000,000 in principal forgiveness, to improve water wells and add monitoring to combat iron and manganese issues. The 30-year loan at 3.75 percent requires local bond action and a new project surcharge.
City of Salem holds this financial services contract with South Dakota Water and Natural Resources Board | State of South Dakota. Its other public contracts on record include work for Office of Management and Budget | State of Delaware and City of Gervais.
Term as filed: 30 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,100,000 Drinking Water SRF loan (up to $1,000,000 principal forgiveness)
- Document date
- March 26, 2026
- Term
- 30 years
- Vendor
- City of Salem
- Source document
- Board of Water and Natural Resources Minutes 2026-03-26 (Minutes)
City of Salem's other public contracts
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Questions about this contract
Who was awarded the financial services contract by South Dakota Water and Natural Resources Board | State of South Dakota?
City of Salem was awarded this financial services contract by South Dakota Water and Natural Resources Board | State of South Dakota, as recorded on March 26, 2026. The contract value is $2,100,000 Drinking Water SRF loan (up to $1,000,000 principal forgiveness).
How much is the City of Salem contract with South Dakota Water and Natural Resources Board | State of South Dakota worth?
The City of Salem contract with South Dakota Water and Natural Resources Board | State of South Dakota is valued at $2,100,000 Drinking Water SRF loan (up to $1,000,000 principal forgiveness), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Board of Water and Natural Resources Minutes 2026-03-26 (Minutes), dated March 26, 2026 from South Dakota Water and Natural Resources Board | State of South Dakota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Salem hold?
City of Salem 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 South Dakota Water and Natural Resources Board | State of South Dakota currently buying?
Explore South Dakota Water and Natural Resources Board | State of South Dakota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.