City of Hamburg Awards $1,382,070 Financial Services Contract to City of Hamburg (October 2019)

The Minnesota Public Facilities Authority awarded a $1,382,070 Drinking Water SRF loan to the City of Hamburg on October 11, 2019 to construct a 75,000-gallon water tower and replace and loop watermain over a 25-year term at 1.000% interest. The financing is expected to save the city an estimated $170,994 in interest.

Document date · October 11, 2019

Track City of Hamburg contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Hamburg.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$1,382,070

Contract type

FINANCIAL_SERVICES

Contract term

25 years at 1.000% interest

Renewal

Loan financed through the Drinking Water State Revolving Fund with a fixed 25-year term at 1.000% interest; no renewal or extension terms described.

Document type

Report

Source document

minnesota_pfa_project_award_city_of_hamburg_waterm.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

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

City of Hamburg was awarded this financial services contract by City of Hamburg, as recorded on October 11, 2019. The contract value is $1,382,070.

How much is the City of Hamburg contract with City of Hamburg worth?

The City of Hamburg contract with City of Hamburg is valued at $1,382,070, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in minnesota_pfa_project_award_city_of_hamburg_waterm.pdf (Report), dated October 11, 2019 from City of Hamburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Hamburg hold?

City of Hamburg 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 City of Hamburg's profile

What is City of Hamburg currently buying?

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

View City of Hamburg's profile