CONTRACTAPPROVED

Board of Governors of the University of Prince Edward Island Awards Financial Services Contract to Royal Bank of Canada (March 2026)

Board of Governors of the University of Prince Edward Island
Disclosed value
Up to $27.1 Million
From agenda
Approved
Mar 31, 2026

The 30-second brief

What it covers

UPEI authorized management to enter into a revolving term credit facility with Royal Bank of Canada for the Atlantic Veterinary College Project. The facility may total up to $27.1 million and will finance project hard and soft costs pending a future long-term debt procurement.

Who holds it

Royal Bank of Canada holds this financial services contract with Board of Governors of the University of Prince Edward Island. Its other public contracts on record include work for Camrose County and Town of Black Diamond.

What happens next

Term as filed: Revolving term credit facility for the Atlantic Veterinary College Project; replacement long-term debt facility to have amortization of up to 20 years.

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Contract details

Contract type
Financial Services
Amount
Up to $27.1 Million
Document date
March 31, 2026
Term
Revolving term credit facility for the Atlantic Veterinary College Project; replacement long-term debt facility to have amortization of up to 20 years
Source document
University of Prince Edward Island Agenda Board of Governors Open Session 2026-03-31 (Agenda)

Royal Bank of Canada's other public contracts

More Board of Governors of the University of Prince Edward Island contracts

Questions about this contract

Who was awarded the financial services contract by Board of Governors of the University of Prince Edward Island?

Royal Bank of Canada was awarded this financial services contract by Board of Governors of the University of Prince Edward Island, as recorded on March 31, 2026. The contract value is Up to $27.1 Million.

How much is the Royal Bank of Canada contract with Board of Governors of the University of Prince Edward Island worth?

The Royal Bank of Canada contract with Board of Governors of the University of Prince Edward Island is valued at Up to $27.1 Million, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in University of Prince Edward Island Agenda Board of Governors Open Session 2026-03-31 (Agenda), dated March 31, 2026 from Board of Governors of the University of Prince Edward Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Royal Bank of Canada hold?

Royal Bank of Canada 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 Board of Governors of the University of Prince Edward Island currently buying?

Explore Board of Governors of the University of Prince Edward Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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