CONTRACTAPPROVED

City of Clovis Awards Financial Services Contract to Eastern New Mexico Water Utility Authority (October 2026)

City of Clovis logoCity of Clovis
Disclosed value
Not to exceed $24,300,000, including a loan not to exceed $2,430,000 and a grant not to exceed $21,870,000
From agendapacket
Approved
Oct 14, 2026

The 30-second brief

What it covers

Clovis approved participation in the Eastern New Mexico Water Utility Authority's Water Project Fund financing for the Raw Water Conveyance Project. The authorized financing may total up to $24.3 million, with the City pledging local contributions toward repayment.

Who holds it

Eastern New Mexico Water Utility Authority holds this financial services contract with City of Clovis. Its other public contracts on record include work for City of Portales and Curry County.

What happens next

Term as filed: Interim period plus no more than 20 years.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $24,300,000, including a loan not to exceed $2,430,000 and a grant not to exceed $21,870,000
Document date
October 14, 2026
Term
Interim period plus no more than 20 years
Source document
City of Clovis AgendaPacket City Commission Regular Meeting 2026-10-15 (AgendaPacket)

Eastern New Mexico Water Utility Authority's other public contracts

More City of Clovis contracts

Questions about this contract

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

Eastern New Mexico Water Utility Authority was awarded this financial services contract by City of Clovis, as recorded on October 14, 2026. The contract value is Not to exceed $24,300,000, including a loan not to exceed $2,430,000 and a grant not to exceed $21,870,000.

How much is the Eastern New Mexico Water Utility Authority contract with City of Clovis worth?

The Eastern New Mexico Water Utility Authority contract with City of Clovis is valued at Not to exceed $24,300,000, including a loan not to exceed $2,430,000 and a grant not to exceed $21,870,000, 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 Clovis AgendaPacket City Commission Regular Meeting 2026-10-15 (AgendaPacket), dated October 14, 2026 from City of Clovis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Eastern New Mexico Water Utility Authority hold?

Eastern New Mexico Water Utility Authority 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 Clovis currently buying?

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

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