CONTRACTAMENDED

City Accepts Amended State Loan For Water Project

Disclosed value: $9,968,910 loan at 1.76% interest; From minutes
Document date: Jun 8, 2026

What it covers

The City of Washington accepted an amended loan offer from the North Carolina Division of Water Infrastructure, raising financing for the Water Treatment Plant Rehabilitation Project to $9,968,910 at 1.76% interest. Council also approved matching budget and grant project ordinance amendments.

Who holds it

North Carolina Division of Water Infrastructure holds this financial services contract with City of Washington. Its other public contracts on record include work for Town of Valdese and City of Morganton.

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Contract details

Contract type: Financial Services
Amount: $9,968,910 loan at 1.76% interest
Document date: June 8, 2026
Vendor: North Carolina Division of Water Infrastructure
Agency: City of Washington
Source document: City of Washington Minutes June 8, 2026 (Minutes)

North Carolina Division of Water Infrastructure's other public contracts

Town of Valdese, North CarolinaValdese Approves Zero-Interest Water Infrastructure Loan · Aug 3, 2026$2.3M City of Morganton, North Carolina$7,165,744 funding modification for water treatment project · Oct 6, 2025$7.2M City of Morganton, North CarolinaCity Accepts $7.17M Water Infrastructure Funding Modification · Oct 6, 2025$7.2M City of Lumberton, North CarolinaCity of Lumberton accepts $150K Asset Inventory Assessment Grant · Aug 4, 2025$150K City of Lumberton, North CarolinaLumberton receives $500,000 for water treatment plant · Mar 3, 2025$500K All North Carolina Division of Water Infrastructure contractsVendor profile

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Questions about this contract

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

North Carolina Division of Water Infrastructure was awarded this financial services contract by City of Washington, as recorded on June 8, 2026. The contract value is $9,968,910 loan at 1.76% interest.

How much is the North Carolina Division of Water Infrastructure contract with City of Washington worth?

The North Carolina Division of Water Infrastructure contract with City of Washington is valued at $9,968,910 loan at 1.76% interest, 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 Washington Minutes June 8, 2026 (Minutes), dated June 8, 2026 from City of Washington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does North Carolina Division of Water Infrastructure hold?

North Carolina Division of Water Infrastructure 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 Washington currently buying?

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

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