City Utilizes DEQ Loan for Water Project
- Disclosed value
- eight or $900,000
- From transcript
- Document date
- Aug 11, 2026
The 30-second brief
Lava Hot Springs continues to use an open construction loan from DEQ, with an estimated $800,000–$900,000 remaining, to finance its multi-million-dollar water project. When the project closes, the loan will convert to a 20‑year debt obligation, and the city may seek potential loan forgiveness.
DEQ holds this financial services contract with City of Lava Hot Springs. Its other public contracts on record include work for City of Fernan Lake Village and Muskogee County.
Term as filed: 20-year term (upon conversion from construction loan to debt).
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Contract details
- Contract type
- Financial Services
- Amount
- eight or $900,000
- Document date
- August 11, 2026
- Term
- 20-year term (upon conversion from construction loan to debt)
- Vendor
- DEQ
- Agency
- City of Lava Hot Springs
- Source document
- Lava Hot Springs City Council Special Meeting Transcript 2026-08-11 (Transcript)
DEQ's other public contracts
More City of Lava Hot Springs contracts
Questions about this contract
Who was awarded the financial services contract by City of Lava Hot Springs?
DEQ was awarded this financial services contract by City of Lava Hot Springs, as recorded on August 11, 2026. The contract value is eight or $900,000.
How much is the DEQ contract with City of Lava Hot Springs worth?
The DEQ contract with City of Lava Hot Springs is valued at eight or $900,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a transcript record.
Where was this contract approved?
This contract appears in Lava Hot Springs City Council Special Meeting Transcript 2026-08-11 (Transcript), dated August 11, 2026 from City of Lava Hot Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does DEQ hold?
DEQ 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 Lava Hot Springs currently buying?
Explore City of Lava Hot Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.