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Bayshore Regional Sewerage Authority Awards Financial Services Contract to Nj Ibank (March 2022)

Bayshore Regional Sewerage Authority
Disclosed value
Not to exceed $31,000,000 (project notes)
From minutes
Approved
Mar 21, 2022

The 30-second brief

What it covers

The Authority is working with NJ IBank on project notes for disaster recovery and power resiliency, approving related financing arrangements up to $31,000,000 in short-term, low-interest loans expected to conclude by May 2022.

Who holds it

Nj Ibank holds this financial services contract with Bayshore Regional Sewerage Authority. Its other public contracts on record include work for Town of Phillipsburg and Township of Chatham.

What happens next

Term as filed: Short-term low interest loan; expected conclusion May 2022.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $31,000,000 (project notes)
Document date
March 21, 2022
Term
Short-term low interest loan; expected conclusion May 2022
Vendor
Nj Ibank
Agency
Bayshore Regional Sewerage Authority
Source document
Bayshore Regional Sewerage Authority Meeting Minutes March 2022 (Minutes)

Nj Ibank's other public contracts

Town of Phillipsburg, New JerseyRegion 3 Sewer Project Submitted To NJ IBANK · Aug 11, 2026UndisclosedTown of Phillipsburg, New JerseyNJ IBANK-Financed WWTP Upgrade Project Initiated · Aug 11, 2026UndisclosedTownship of Chatham, New JerseyTownship to apply for $6M NJ iBank loan · May 6, 2025$6MTown of Chatham, MinnesotaSewage Treatment Plant Upgrade Loan Considered · May 6, 2025$6MLower Township MUA, New JerseyMUA Applies to NJ IBank for Project Financing · Apr 2, 2025UndisclosedAll Nj Ibank contractsVendor profile

More Bayshore Regional Sewerage Authority contracts

Edge Builders LLCSewer Connection Secured by Edge Builders · Dec 18, 2023UndisclosedMiller Energy IncMiller Energy Wins Flowmeter Supply Contract · Dec 18, 2023$17.6KCw Sales CorporationCW Sales Secures Pump Supply Purchase · Dec 18, 2023$18.8KWeatherproofing Technologies IncWeatherproofing Technologies Tapped for Roof Replacement Project · Dec 18, 2023UndisclosedWeatherproofing Technologies IncRoof Replacement Contract Awarded to Weatherproofing Technologies · Dec 18, 2023$129.4KAll Bayshore Regional Sewerage Authority activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Bayshore Regional Sewerage Authority?

Nj Ibank was awarded this financial services contract by Bayshore Regional Sewerage Authority, as recorded on March 21, 2022. The contract value is Not to exceed $31,000,000 (project notes).

How much is the Nj Ibank contract with Bayshore Regional Sewerage Authority worth?

The Nj Ibank contract with Bayshore Regional Sewerage Authority is valued at Not to exceed $31,000,000 (project notes), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Bayshore Regional Sewerage Authority Meeting Minutes March 2022 (Minutes), dated March 21, 2022 from Bayshore Regional Sewerage Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nj Ibank hold?

Nj Ibank 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 Bayshore Regional Sewerage Authority currently buying?

Explore Bayshore Regional Sewerage Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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