Wakefield Amends NDEE Loan for Water Plant
City of WakefieldCity · KS- Disclosed value
- $6.5 million with zero-percent interest and 20% forgiveness
- From minutes
- Document date
- Apr 27, 2022
The 30-second brief
The City of Wakefield approved Amendment 1 to its loan agreement with the Nebraska Department of Environment and Energy to reserve $6.5 million in zero-interest, partially forgivable funds for a new water treatment plant. The amendment maintains a schedule targeting August 2022 bidding and October 2022 construction start, with flexibility for future funding changes.
Nebraska Department of Environment and Energy holds this financial services contract with City of Wakefield. Its other public contracts on record include work for Nebraska Department of Education and Eagle village.
Term as filed: Loan schedule currently anticipates bidding in August 2022 and construction beginning October 2022.
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Contract details
- Contract type
- Financial Services
- Amount
- $6.5 million with zero-percent interest and 20% forgiveness
- Document date
- April 27, 2022
- Term
- Loan schedule currently anticipates bidding in August 2022 and construction beginning October 2022
- Agency
- City of Wakefield
- Source document
- city-of-wakefield-special-council-meeting-water-treatment-plant-funding-rates-april-27-2022_cf9.md (Minutes)
Nebraska Department of Environment and Energy's other public contracts
More City of Wakefield contracts
Questions about this contract
Who was awarded the financial services contract by City of Wakefield?
Nebraska Department of Environment and Energy was awarded this financial services contract by City of Wakefield, as recorded on April 27, 2022. The contract value is $6.5 million with zero-percent interest and 20% forgiveness.
How much is the Nebraska Department of Environment and Energy contract with City of Wakefield worth?
The Nebraska Department of Environment and Energy contract with City of Wakefield is valued at $6.5 million with zero-percent interest and 20% forgiveness, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city-of-wakefield-special-council-meeting-water-treatment-plant-funding-rates-april-27-2022_cf9.md (Minutes), dated April 27, 2022 from City of Wakefield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nebraska Department of Environment and Energy hold?
Nebraska Department of Environment and Energy 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 Wakefield currently buying?
Explore City of Wakefield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.