FINANCIAL_SERVICESAPPROVED

City of Clovis Awards Financial Services Contract to New Mexico Finance Authority (September 2026)

Clovis approved participation in New Mexico Finance Authority Water Project Fund financing of up to $24.3 million. The loan and grant will support raw-water conveyance infrastructure through the Eastern New Mexico Water Utility Authority.

Document date · September 29, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $24.3 million total financing: up to $21.87 million grant and up to $2.43 million loan at an interest rate not to exceed 0.25%
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
City of Clovis Agenda October 1, 2026

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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 Clovis?

New Mexico Finance Authority was awarded this financial services contract by City of Clovis, as recorded on September 29, 2026. The contract value is Up to $24.3 million total financing: up to $21.87 million grant and up to $2.43 million loan at an interest rate not to exceed 0.25%.

How much is the New Mexico Finance Authority contract with City of Clovis worth?

The New Mexico Finance Authority contract with City of Clovis is valued at Up to $24.3 million total financing: up to $21.87 million grant and up to $2.43 million loan at an interest rate not to exceed 0.25%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Clovis Agenda October 1, 2026 (Agenda), dated September 29, 2026 from City of Clovis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Finance Authority hold?

New Mexico Finance 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.

View New Mexico Finance Authority's profile

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