FINANCIAL_SERVICESPENDING

Orillia Power Generation Corp Promissory Note Investment Planned

Orillia Power Generation Corporation requested Council approval for a $11.6 million promissory note, with funds aligned for transfer in late December 2025 from maturing GIC investments.

Document date · July 29, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$11,600,000
Contract type
FINANCIAL_SERVICES
Contract term
Expected funding late December 2025. Short-term 3-month investment maturing December 25, 2025, plus previous short-term investments aligned with OPGC funding requirement.
Renewal date
2025-12-25
Renewal
To be funded with redirected short-term GICs maturing to meet OPGC's timeline.
Document type
Report
Source document
City of Orillia Council Information Package Investment of Legacy Funds July 2025

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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 Orillia?

Orillia Power Generation Corporation was awarded this financial services contract by City of Orillia, as recorded on July 29, 2025. The contract value is $11,600,000.

How much is the Orillia Power Generation Corporation contract with City of Orillia worth?

The Orillia Power Generation Corporation contract with City of Orillia is valued at $11,600,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Orillia Council Information Package Investment of Legacy Funds July 2025 (Report), dated July 29, 2025 from City of Orillia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Orillia Power Generation Corporation hold?

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

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