FINANCIAL_SERVICESAPPROVED

Corrales village Awards Financial Services Contract to State of New Mexico Environment Department (October 2025)

Corrales approved Resolution 25-42 authorizing representatives and signatory authorities for its loan agreement with the State of New Mexico Environment Department. The agreement supports RIP 00078, a water-system project financed through up to $2 million in loan proceeds.

Document date · October 14, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,000,000 principal plus 1% accrued interest
Contract type
FINANCIAL_SERVICES
Contract term
Loan Agreement identified as RIP 00078; repayment begins no later than one year after project completion, with final maturity tied to the project's useful life
Renewal
No renewal option stated. The related loan agreement terminates after all obligations are paid, and amendments require the department's written consent.
Document type
AgendaPacket
Source document
Village of Corrales AgendaPacket Governing Body Meeting 2025-10-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Corrales village?

State of New Mexico Environment Department was awarded this financial services contract by Corrales village, as recorded on October 14, 2025. The contract value is $2,000,000 principal plus 1% accrued interest.

How much is the State of New Mexico Environment Department contract with Corrales village worth?

The State of New Mexico Environment Department contract with Corrales village is valued at $2,000,000 principal plus 1% accrued interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Village of Corrales AgendaPacket Governing Body Meeting 2025-10-14 (AgendaPacket), dated October 14, 2025 from Corrales village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State of New Mexico Environment Department hold?

State of New Mexico Environment Department may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View State of New Mexico Environment Department's profile

What is Corrales village currently buying?

Explore Corrales village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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