Town of Abita Springs Awards Financial Services Contract to Department of Environmental Quality (February 2026)
Town of Abita SpringsCity · Abita Springs, LA- Disclosed value
- Not to exceed $3,750,000
- From resolution
- Awarded
- Feb 24, 2026
- Renews
- Free account
The 30-second brief
The Town of Abita Springs awarded the sale of its Taxable Utilities Revenue Bond (DEQ), Series 2026, not to exceed $3,750,000, to the Louisiana Department of Environmental Quality. This funding will be used for sewer system improvements, to be repaid over up to 22 years at a 0.45% interest rate plus fees.
Department of Environmental Quality holds this financial services contract with Town of Abita Springs. Its other public contracts on record include work for New River Resource Authority and Southwest District Health.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $3,750,000
- Document date
- February 24, 2026
- Term
- Up to 22 years from delivery date; 20 annual installments of principal; interest payable semi-annually; bond issuance in 2026
- Renews
- On record
- Agency
- Town of Abita Springs
- Source document
- Town of Abita Springs Resolution 2026-02-01 Sewer Revenue Bonds (Resolution)
Department of Environmental Quality's other public contracts
More Town of Abita Springs contracts
Questions about this contract
Who was awarded the financial services contract by Town of Abita Springs?
Department of Environmental Quality was awarded this financial services contract by Town of Abita Springs, as recorded on February 24, 2026. The contract value is Not to exceed $3,750,000.
How much is the Department of Environmental Quality contract with Town of Abita Springs worth?
The Department of Environmental Quality contract with Town of Abita Springs is valued at Not to exceed $3,750,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Town of Abita Springs Resolution 2026-02-01 Sewer Revenue Bonds (Resolution), dated February 24, 2026 from Town of Abita Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Department of Environmental Quality hold?
Department of Environmental Quality 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 Town of Abita Springs currently buying?
Explore Town of Abita Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.