Borough of Tyrone Awards Financial Services Contract to Pennsylvania Infrastructure Investment Authority Pennvest (April 2020)
- Disclosed value
- Maximum principal amount of $5,710,200
- From meeting minutes
- Approved
- Apr 13, 2020
The 30-second brief
Tyrone Borough Council approved Ordinance No. 1441 authorizing a Guaranteed Water Revenue Note in a maximum principal amount of $5,710,200 to the Pennsylvania Infrastructure Investment Authority (PENNVEST) to fund major water system improvements. The action includes approval of a funding agreement and related documents and pledges system revenues and the Borough’s full faith and credit as security.
Pennsylvania Infrastructure Investment Authority Pennvest holds this financial services contract with Borough of Tyrone. Its other public contracts on record include work for Pittsburgh Water.
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Contract details
- Contract type
- Financial Services
- Amount
- Maximum principal amount of $5,710,200
- Document date
- April 13, 2020
- Agency
- Borough of Tyrone
- Source document
- borough-of-tyrone-meeting-minutes-2020-04-13_773.pdf (Meeting Minutes)
Pennsylvania Infrastructure Investment Authority Pennvest's other public contracts
More Borough of Tyrone contracts
Questions about this contract
Who was awarded the financial services contract by Borough of Tyrone?
Pennsylvania Infrastructure Investment Authority Pennvest was awarded this financial services contract by Borough of Tyrone, as recorded on April 13, 2020. The contract value is Maximum principal amount of $5,710,200.
How much is the Pennsylvania Infrastructure Investment Authority Pennvest contract with Borough of Tyrone worth?
The Pennsylvania Infrastructure Investment Authority Pennvest contract with Borough of Tyrone is valued at Maximum principal amount of $5,710,200, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in borough-of-tyrone-meeting-minutes-2020-04-13_773.pdf (Meeting Minutes), dated April 13, 2020 from Borough of Tyrone. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pennsylvania Infrastructure Investment Authority Pennvest hold?
Pennsylvania Infrastructure Investment Authority Pennvest 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 Borough of Tyrone currently buying?
Explore Borough of Tyrone's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.