California Infrastructure and Economic Development Bank (IBank) | State of California Awards Financial Services Contract to Olivenhain Municipal Water District (October 2026)
California Infrastructure and Economic Development Bank (IBank) | State of CaliforniaState · Sacramento, CA- Disclosed value
- Not to exceed $7,000,000
- From resolution
- Approved
- Oct 28, 2026
- Renews
- Free account
The 30-second brief
The California Infrastructure and Economic Development Bank approved up to $7 million in Infrastructure State Revolving Fund financing for Olivenhain Municipal Water District. The financing will support wastewater system capital improvements and replacements, carries a maturity of up to 20 years, and remains subject to execution of a financing agreement within 180 days.
Olivenhain Municipal Water 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 City of Encinitas and Rancho Santa Fe Fire Protection District.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $7,000,000
- Document date
- October 28, 2026
- Term
- Maturity not to exceed 20 years; no prepayment during the first 10 years; interest rate locked for 90 calendar days after October 28, 2026
- Renews
- On record
- Source document
- California Infrastructure and Economic Development Bank Resolution Resolution No. 26-16 Olivenhain Municipal Water District Financing Approval 2026-10-28 (Resolution)
Olivenhain Municipal Water 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?
Olivenhain Municipal Water 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 $7,000,000.
How much is the Olivenhain Municipal Water District contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?
The Olivenhain Municipal Water District contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at Not to exceed $7,000,000, 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 Resolution No. 26-16 Olivenhain Municipal Water District Financing Approval 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 Olivenhain Municipal Water District hold?
Olivenhain Municipal Water 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.
