City Seeks State Loan for Water Transmission Project
City of BentonvilleCity · Bentonville, AR- Disclosed value
- Loan up to $8,733,449.00 plus loan with principal forgiveness up to $887,911.00
- From agenda
- Document date
- Jan 27, 2026
- Renews
- Free account
The 30-second brief
The City of Bentonville proposes to enter into a loan agreement with the Arkansas Department of Agriculture for up to $8.73 million, including up to $887,911 in principal forgiveness, to fund the 48-inch supply water transmission project under Water Master Plan Project 1. The anticipated 20-year loan from the Drinking Water State Revolving Loan Fund will be finalized upon closing by January 31, 2027.
Arkansas Department of Agriculture holds this financial services contract with City of Bentonville. Its other public contracts on record include work for Arkansas Department of Agriculture | Arkansas Corn & Grain Sorghum Board and Arkansas Department of Agriculture | Arkansas Beef Council.
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Contract details
- Contract type
- Financial Services
- Amount
- Loan up to $8,733,449.00 plus loan with principal forgiveness up to $887,911.00
- Document date
- January 27, 2026
- Term
- Anticipated term is 20 years at 4% per annum; terms contingent on full closing including first disbursement on or before January 31, 2027
- Renews
- Free account
- Agency
- City of Bentonville
- Source document
- City of Bentonville Finance Committee Agenda January 2026 (Agenda)
Arkansas Department of Agriculture's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Bentonville?
Arkansas Department of Agriculture was awarded this financial services contract by City of Bentonville, as recorded on January 27, 2026. The contract value is Loan up to $8,733,449.00 plus loan with principal forgiveness up to $887,911.00.
How much is the Arkansas Department of Agriculture contract with City of Bentonville worth?
The Arkansas Department of Agriculture contract with City of Bentonville is valued at Loan up to $8,733,449.00 plus loan with principal forgiveness up to $887,911.00, 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 Bentonville Finance Committee Agenda January 2026 (Agenda), dated January 27, 2026 from City of Bentonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Arkansas Department of Agriculture hold?
Arkansas Department of Agriculture 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 City of Bentonville currently buying?
Explore City of Bentonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.