City of Silver Awards Financial Services Contract to New Mexico Interstate Stream Commission (October 2025)

The Town of Silver City approved Resolution 2025-31 authorizing a Design Funding Agreement with the New Mexico Interstate Stream Commission for the Santa Clara Well Appurtenances Design Project. The agreement provides reimbursement of eligible project costs up to $1,166,874.11 through October 31, 2027, supporting well testing, design, and related water transmission infrastructure. This action advances a phase of the Grant County Regional Water Project in coordination with Bayard and Santa Clara.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $1,166,874.11

Contract type

FINANCIAL_SERVICES

Contract term

Through October 31, 2027

Renewal date

2027-10-31

Renewal

Design Funding Agreement sets a reimbursement cap of $1,166,874.11 with a spending deadline of October 31, 2027; no explicit renewal terms are described in the resolution summary.

Document type

Resolution

Source document

town-of-silver-city-resolution-2025-31_df2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Silver?

New Mexico Interstate Stream Commission was awarded this financial services contract by City of Silver, as recorded on October 14, 2025. The contract value is Not to exceed $1,166,874.11.

How much is the New Mexico Interstate Stream Commission contract with City of Silver worth?

The New Mexico Interstate Stream Commission contract with City of Silver is valued at Not to exceed $1,166,874.11, 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-silver-city-resolution-2025-31_df2.pdf (Resolution), dated October 14, 2025 from City of Silver. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Interstate Stream Commission hold?

New Mexico Interstate Stream Commission 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 New Mexico Interstate Stream Commission's profile

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