CONTRACTAPPROVED

California Infrastructure and Economic Development Bank (IBank) | State of California Awards Financial Services Contract to Arvin-edison Water Storage District (October 2026)

California Infrastructure and Economic Development Bank (IBank) | State of California logoCalifornia Infrastructure and Economic Development Bank (IBank) | State of California
Disclosed value
Not to exceed $40,000,000
From resolution
Approved
Oct 28, 2026
Renews
Free account

The 30-second brief

What it covers

The California Infrastructure and Economic Development Bank Board approved up to $40 million in Infrastructure State Revolving Fund financing for Arvin-Edison Water Storage District. The financing will support the district’s Sustainable Groundwater Management Act Capital Improvements Project, with a maturity of up to 30 years and execution required within 180 days.

Who holds it

Arvin-edison Water Storage District holds this financial services contract with California Infrastructure and Economic Development Bank (IBank) | State of California. Its other public contracts on record include work for Wheeler Ridge Maricopa Water Storage Dist and Tulare County.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $40,000,000
Document date
October 28, 2026
Term
Maturity not to exceed 30 years; financing agreement must be executed within 180 calendar days after October 28, 2026; interest rate lock for 90 calendar days after Board approval
Renews
On record
Source document
California Infrastructure and Economic Development Bank Resolution 26-17 Final Approval of Infrastructure State Revolving Fund Program Financing for Arvin-Edison Water Storage District 2026-10-28 (Resolution)

Arvin-edison Water Storage District's other public contracts

More California Infrastructure and Economic Development Bank (IBank) | State of California contracts

Questions about this contract

Who was awarded the financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California?

Arvin-edison Water Storage District was awarded this financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California, as recorded on October 28, 2026. The contract value is Not to exceed $40,000,000.

How much is the Arvin-edison Water Storage District contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?

The Arvin-edison Water Storage District contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at Not to exceed $40,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Resolution 26-17 Final Approval of Infrastructure State Revolving Fund Program Financing for Arvin-Edison Water Storage District 2026-10-28 (Resolution), dated October 28, 2026 from California Infrastructure and Economic Development Bank (IBank) | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Arvin-edison Water Storage District hold?

Arvin-edison Water Storage District 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 California Infrastructure and Economic Development Bank (IBank) | State of California currently buying?

Explore California Infrastructure and Economic Development Bank (IBank) | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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