CONTRACTAPPROVED

City of Wakefield Awards Financial Services Contract to Nebraska Department of Environment and Energy (April 2022)

City of Wakefield
Disclosed value
$6.5 million with zero-percent interest and 20% forgiveness
From minutes
Approved
Apr 27, 2022

The 30-second brief

What it covers

The Wakefield City Council executed a loan contract with the Nebraska Department of Environment and Energy for Project No. D311657 to finance a new water treatment plant. The $6.5 million loan features zero-percent interest and 20% forgiveness under a schedule targeting August 2022 bidding and October 2022 construction.

Who holds it

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.

What happens next

Term as filed: Loan for Project No. D311657; 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 for Project No. D311657; schedule currently anticipates bidding in August 2022 and construction beginning October 2022
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.

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