FINANCIAL_SERVICESPENDING

City to accept PFAS treatment loan agreement

The City of Adams council agenda includes consideration of accepting and signing a Financial Assistance Agreement with the State of Wisconsin Department of Natural Resources and Department of Administration for the Safe Drinking Water Loan Program, Project No. 5310-05 to treat Well #4 for PFAS. Attachments indicate a structured loan with principal forgiveness, amortization schedule, and federal requirements compliance for this water infrastructure project.

Document date · October 7, 2024

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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
$1,645,295 (maximum related bond issuance; specific loan principal not fully detailed in agenda text)
Contract type
FINANCIAL_SERVICES
Renewal
This appears to be a one-time loan agreement tied to Project No. 5310-05 with an amortization schedule; renewals are not typical for this type of financial assistance instrument.
Document type
Agenda
Source document
city-of-adams-agenda-2024-10-07_2b2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Adams?

State of Wisconsin Department of Natural Resources Department of Administration was awarded this financial services contract by City of Adams, as recorded on October 7, 2024. The contract value is $1,645,295 (maximum related bond issuance; specific loan principal not fully detailed in agenda text).

How much is the State of Wisconsin Department of Natural Resources Department of Administration contract with City of Adams worth?

The State of Wisconsin Department of Natural Resources Department of Administration contract with City of Adams is valued at $1,645,295 (maximum related bond issuance; specific loan principal not fully detailed in agenda text), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-adams-agenda-2024-10-07_2b2.pdf (Agenda), dated October 7, 2024 from City of Adams. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State of Wisconsin Department of Natural Resources Department of Administration hold?

State of Wisconsin Department of Natural Resources Department of Administration may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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