CONTRACTAPPROVED

City of Portales Awards Financial Services Contract to Eastern New Mexico Water Utility Authority (September 2026)

City of Portales logoCity of Portales
Disclosed value
Up to $24.3 million, consisting of a grant of up to $21,870,000 and a loan of up to $2,430,000
From minutes
Approved
Sep 15, 2026

The 30-second brief

What it covers

Portales approved participation in a Water Project Fund loan-grant agreement with the Eastern New Mexico Water Utility Authority and other municipal members. The agreement provides up to $24.3 million for regional raw-water conveyance, pumping, and storage improvements.

Who holds it

Eastern New Mexico Water Utility Authority holds this financial services contract with City of Portales. Its other public contracts on record include work for City of Clovis and Curry County.

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Contract details

Contract type
Financial Services
Amount
Up to $24.3 million, consisting of a grant of up to $21,870,000 and a loan of up to $2,430,000
Document date
September 15, 2026
Source document
City of Portales Minutes City Council Meeting 2026-09-15 (Minutes)

Eastern New Mexico Water Utility Authority's other public contracts

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Questions about this contract

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

Eastern New Mexico Water Utility Authority was awarded this financial services contract by City of Portales, as recorded on September 15, 2026. The contract value is Up to $24.3 million, consisting of a grant of up to $21,870,000 and a loan of up to $2,430,000.

How much is the Eastern New Mexico Water Utility Authority contract with City of Portales worth?

The Eastern New Mexico Water Utility Authority contract with City of Portales is valued at Up to $24.3 million, consisting of a grant of up to $21,870,000 and a loan of up to $2,430,000, 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 City of Portales Minutes City Council Meeting 2026-09-15 (Minutes), dated September 15, 2026 from City of Portales. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Eastern New Mexico Water Utility Authority hold?

Eastern New Mexico Water Utility 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 Portales currently buying?

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

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