CONTRACTAPPROVED

City of North Bay Awards $12,733,945 Financial Services Contract to Ontario Infrastructure & Lands Corporation (September 2026)

City of North Bay logoCity of North Bay
Disclosed value
$12,733,945.00
From agendapacket
Approved
Sep 1, 2026
Renews
Free account

The 30-second brief

What it covers

The City of North Bay Council enacted By-Law 2026-57 to authorize a $12,733,945.00, 20-year debenture with Ontario Infrastructure and Lands Corporation to finance the North Bay Community and Recreation Centre project. The borrowing is at 4.70% interest with repayment in combined principal and interest instalments from September 15, 2026 to September 15, 2046.

Who holds it

Ontario Infrastructure & Lands Corporation holds this financial services contract with City of North Bay. Its other public contracts on record include work for Town of Deep River and County of Brant.

What happens next

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Contract details

Contract type
Financial Services
Amount
$12,733,945.00
Document date
September 1, 2026
Term
September 15, 2026 – September 15, 2046 (20-year term)
Renews
On record
Source document
City of North Bay Special Meeting of Council Agenda and By-Law 2026-57 2026-09-01 (AgendaPacket)

Ontario Infrastructure & Lands Corporation's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of North Bay?

Ontario Infrastructure & Lands Corporation was awarded this financial services contract by City of North Bay, as recorded on September 1, 2026. The contract value is $12,733,945.00.

How much is the Ontario Infrastructure & Lands Corporation contract with City of North Bay worth?

The Ontario Infrastructure & Lands Corporation contract with City of North Bay is valued at $12,733,945.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of North Bay Special Meeting of Council Agenda and By-Law 2026-57 2026-09-01 (AgendaPacket), dated September 1, 2026 from City of North Bay. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ontario Infrastructure & Lands Corporation hold?

Ontario Infrastructure & Lands Corporation 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 North Bay currently buying?

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

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