City of Beaverton Awards Financial Services Contract to Oregon Business Development Department (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

$285,716 Forgivable Loan Amount (Estimated Project Cost $285,716)

Contract type

FINANCIAL_SERVICES

Contract term

Project Completion Deadline December 31, 2026; Maturity Date is the earlier of the 4th anniversary of the Repayment Commencement Date; Repayment Commencement Date is the first Payment Date (December 1) after the Project Closeout Deadline

Renewal date

2031-12-01

Renewal

Loan term runs to the earlier of four years after the Repayment Commencement Date; forgiveness is available if project completion and recharge documentation requirements are met, with proportional forgiveness if only part of the recharge meets criteria. Repayment, if required, follows the amortization schedule to the Maturity Date and the contract does not specify automatic renewals.

Document type

Contract

Source document

City of Beaverton Contract Approval of Aquifer Recharge Testing Forgivable Loan Financing 2026-08-18

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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 Beaverton?

Oregon Business Development Department was awarded this financial services contract by City of Beaverton, as recorded on August 18, 2026. The contract value is $285,716 Forgivable Loan Amount (Estimated Project Cost $285,716).

How much is the Oregon Business Development Department contract with City of Beaverton worth?

The Oregon Business Development Department contract with City of Beaverton is valued at $285,716 Forgivable Loan Amount (Estimated Project Cost $285,716), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Beaverton Contract Approval of Aquifer Recharge Testing Forgivable Loan Financing 2026-08-18 (Contract), dated August 18, 2026 from City of Beaverton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oregon Business Development Department hold?

Oregon Business Development Department 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 Oregon Business Development Department's profile

What is City of Beaverton currently buying?

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

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