City of Frankfort Awards $2,000,000 Financial Services Contract to Kentucky Infrastructure Authority (September 2026)
City of FrankfortCity · Frankfort, KY- Disclosed value
- $2,000,000.00
- From minutes
- Approved
- Sep 14, 2026
The 30-second brief
Frankfort approved a $2 million 2027 State Revolving Loan application with the Kentucky Infrastructure Authority for Mero Flood Station Renewal and Mero Sanitary Pump Station. The estimated remaining balance will be repaid over 20 years at 1.75% interest, with approximately $330,000 in principal forgiveness.
Kentucky Infrastructure Authority holds this financial services contract with City of Frankfort. Its other public contracts on record include work for Laurel County Water District 2.
Term as filed: 20 years at an interest rate of 1.75% for the estimated $1.17 million remaining balance.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000,000.00
- Document date
- September 14, 2026
- Term
- 20 years at an interest rate of 1.75% for the estimated $1.17 million remaining balance
- Agency
- City of Frankfort
- Source document
- Frankfort Board of Commissioners Minutes Work Session 2026-09-14 (Minutes)
Kentucky Infrastructure Authority's other public contracts
More City of Frankfort contracts
Questions about this contract
Who was awarded the financial services contract by City of Frankfort?
Kentucky Infrastructure Authority was awarded this financial services contract by City of Frankfort, as recorded on September 14, 2026. The contract value is $2,000,000.00.
How much is the Kentucky Infrastructure Authority contract with City of Frankfort worth?
The Kentucky Infrastructure Authority contract with City of Frankfort is valued at $2,000,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Frankfort Board of Commissioners Minutes Work Session 2026-09-14 (Minutes), dated September 14, 2026 from City of Frankfort. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Kentucky Infrastructure Authority hold?
Kentucky Infrastructure 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 Frankfort currently buying?
Explore City of Frankfort's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.