FINANCIAL_SERVICESAPPROVED

Township of Lanark Highlands Awards Financial Services Contract to Ontario Infrastructure & Lands Corporation ("oilc") (May 2026)

Lanark Highlands Council authorized an application to Ontario Infrastructure and Lands Corporation for up to $859,208.72 in debenture financing for the Sheridan Rapids Bridge replacement over a term of up to 20 years. The by-law enables long-term borrowing through OILC once a rate offer is finalized.

Status
APPROVED
Document date
May 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ontario Infrastructure & Lands Corporation ("oilc")
Agency
Township of Lanark Highlands · Canada

Trusted by teams at

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
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
Not to exceed $859,208.72 in debenture principal for Sheridan Rapids Bridge
Contract type
FINANCIAL_SERVICES
Contract term
Up to 20 years (bridge financing referenced at 4.79% for 20 years)
Renewal
Single-term debenture financing with no explicit renewal; refinancing debentures are permitted under the by-law if needed at maturity.
Document type
AgendaPacket
Source document
Lanark Highlands Council AgendaPacket 2026-05-26

Related contracts

Other contracts from Ontario Infrastructure & Lands Corporation ("oilc").

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Lanark Highlands?

Ontario Infrastructure & Lands Corporation ("oilc") was awarded this financial services contract by Township of Lanark Highlands, as recorded on May 26, 2026. The contract value is Not to exceed $859,208.72 in debenture principal for Sheridan Rapids Bridge.

How much is the Ontario Infrastructure & Lands Corporation ("oilc") contract with Township of Lanark Highlands worth?

The Ontario Infrastructure & Lands Corporation ("oilc") contract with Township of Lanark Highlands is valued at Not to exceed $859,208.72 in debenture principal for Sheridan Rapids Bridge, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Lanark Highlands Council AgendaPacket 2026-05-26 (AgendaPacket), dated May 26, 2026 from Township of Lanark Highlands. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure & Lands Corporation ("oilc") hold?

Ontario Infrastructure & Lands Corporation ("oilc") 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 Ontario Infrastructure & Lands Corporation ("oilc")'s profile

What is Township of Lanark Highlands currently buying?

Explore Township of Lanark Highlands's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Township of Lanark Highlands's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free