FINANCIAL_SERVICESAPPROVED

City of Cambridge Awards Financial Services Contract to Maryland Water Infrastructure Financing Administration (August 2026)

Cambridge Council authorized issuance and private sale of two general obligation bond series to the Maryland Water Infrastructure Financing Administration, totaling up to $6.86 million in principal, to finance the Trenton Street Sewage Pumping Station Rehabilitation project. The bonds will be backed by the City’s full faith and credit and related wastewater system revenues.

Document date · August 24, 2026

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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
Not to exceed $4,351,165 and $2,512,235 in bond principal
Contract type
FINANCIAL_SERVICES
Contract term
Bond term not specified; tied to Trenton Street Sewage Pumping Station project financing
Renewal
Bond documents and loan agreements with the Administration include standard provisions for debt service, reserves, and possible post-closing modifications by resolution; no renewal or extension beyond the bond term is referenced.
Document type
AgendaPacket
Source document
City of Cambridge Agenda Packet 2026-08-24

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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 Cambridge?

Maryland Water Infrastructure Financing Administration was awarded this financial services contract by City of Cambridge, as recorded on August 24, 2026. The contract value is Not to exceed $4,351,165 and $2,512,235 in bond principal.

How much is the Maryland Water Infrastructure Financing Administration contract with City of Cambridge worth?

The Maryland Water Infrastructure Financing Administration contract with City of Cambridge is valued at Not to exceed $4,351,165 and $2,512,235 in bond principal, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Cambridge Agenda Packet 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Cambridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Maryland Water Infrastructure Financing Administration hold?

Maryland Water Infrastructure Financing 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.

View Maryland Water Infrastructure Financing Administration's profile

What is City of Cambridge currently buying?

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

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