Cleveland County Water District Awards Financial Services Contract to Usda Rural Development (July 2026)
Cleveland County Water DistrictSpecial District · Lawndale, NC- Disclosed value
- Loan not to exceed $99,999,999; $11,000,000 in grant funds
- From minutes
- Approved
- Jul 14, 2026
The 30-second brief
Cleveland County Water accepted USDA Rural Development loan conditions for the Broad River Water Plant project. The approved financing is up to $99,999,999, including $11 million in grant funds, at a 3.75% interest rate.
Usda Rural Development holds this financial services contract with Cleveland County Water District. Its other public contracts on record include work for Russian River County Water Dist and Town of Concrete.
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Contract details
- Contract type
- Financial Services
- Amount
- Loan not to exceed $99,999,999; $11,000,000 in grant funds
- Document date
- July 14, 2026
- Vendor
- Usda Rural Development
- Source document
- Cleveland County Water Board Minutes Regular Meeting 2026-07-14 (Minutes)
Usda Rural Development's other public contracts
More Cleveland County Water District contracts
Questions about this contract
Who was awarded the financial services contract by Cleveland County Water District?
Usda Rural Development was awarded this financial services contract by Cleveland County Water District, as recorded on July 14, 2026. The contract value is Loan not to exceed $99,999,999; $11,000,000 in grant funds.
How much is the Usda Rural Development contract with Cleveland County Water District worth?
The Usda Rural Development contract with Cleveland County Water District is valued at Loan not to exceed $99,999,999; $11,000,000 in grant funds, 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 Cleveland County Water Board Minutes Regular Meeting 2026-07-14 (Minutes), dated July 14, 2026 from Cleveland County Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Usda Rural Development hold?
Usda Rural Development 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 Cleveland County Water District currently buying?
Explore Cleveland County Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.