FINANCIAL_SERVICESAPPROVED

Colorado Water Resources & Power Development Authority Awards Financial Services Contract to Town of Paonia (March 2025)

The Authority approved a $9.74 million Drinking Water Revolving Fund loan package for the Town of Paonia to support improvements and repairs in its water system, with BIL and base components.

Status
APPROVED
Document date
March 7, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Town of Paonia
Agency
Colorado Water Resources & Power Development Authority · CO

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
$9,744,000 ($3,744,000 Base leveraged loan + $1,344,609 Base direct loan + $1,655,391 BIL General Supplemental loan + $3,000,000 BIL PF)
Contract type
FINANCIAL_SERVICES
Contract term
20 years plus construction
Renewal date
2045-03-07
Renewal
Loan execution is dependent on maintaining required user rates; principal forgiveness capped per BIL rules. Loan offer subject to BIL and SRF fund availability.
Document type
AgendaPacket
Source document
Colorado Water Resources and Power Development Authority Agenda Packet March 2025

Related contracts

Other contracts from Town of Paonia.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Colorado Water Resources & Power Development Authority?

Town of Paonia was awarded this financial services contract by Colorado Water Resources & Power Development Authority, as recorded on March 7, 2025. The contract value is $9,744,000 ($3,744,000 Base leveraged loan + $1,344,609 Base direct loan + $1,655,391 BIL General Supplemental loan + $3,000,000 BIL PF).

How much is the Town of Paonia contract with Colorado Water Resources & Power Development Authority worth?

The Town of Paonia contract with Colorado Water Resources & Power Development Authority is valued at $9,744,000 ($3,744,000 Base leveraged loan + $1,344,609 Base direct loan + $1,655,391 BIL General Supplemental loan + $3,000,000 BIL PF), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Colorado Water Resources and Power Development Authority Agenda Packet March 2025 (AgendaPacket), dated March 7, 2025 from Colorado Water Resources & Power Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Town of Paonia hold?

Town of Paonia 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 Town of Paonia's profile

What is Colorado Water Resources & Power Development Authority currently buying?

Explore Colorado Water Resources & Power Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Colorado Water Resources & Power Development Authority'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