FINANCIAL_SERVICESPENDING

Albemarle Considers Revised $46.2 Million WWTP Loan

The City of Albemarle is considering accepting a revised $46.21 million State Revolving Loan offer from the North Carolina Department of Environmental Quality. The funding would support comprehensive rehabilitation of the Long Creek Wastewater Treatment Plant and includes a $7.18 million increase.

Document date · October 4, 2026

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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
$46,207,510 total revised State Revolving Loan offer; $7,177,510 funding increase
Contract type
FINANCIAL_SERVICES
Contract term
20 years at 0.1% interest for the additional CWSRF loan funds
Renewal date
2046-10-05
Renewal
Revised funding offer increases the loan by $7,177,510; disbursement is contingent on Local Government Commission debt approval and issuance of the Authority to Award.
Document type
AgendaPacket
Source document
City of Albemarle AgendaPacket City Council Meeting 2026-10-05

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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 Albemarle?

North Carolina Department of Environmental Quality was awarded this financial services contract by City of Albemarle, as recorded on October 4, 2026. The contract value is $46,207,510 total revised State Revolving Loan offer; $7,177,510 funding increase.

How much is the North Carolina Department of Environmental Quality contract with City of Albemarle worth?

The North Carolina Department of Environmental Quality contract with City of Albemarle is valued at $46,207,510 total revised State Revolving Loan offer; $7,177,510 funding increase, 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 City of Albemarle AgendaPacket City Council Meeting 2026-10-05 (AgendaPacket), dated October 4, 2026 from City of Albemarle. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Carolina Department of Environmental Quality hold?

North Carolina Department of Environmental Quality 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 North Carolina Department of Environmental Quality's profile

What is City of Albemarle currently buying?

Explore City of Albemarle's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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