FINANCIAL_SERVICESAPPROVED

County of Prince Edward Awards Financial Services Contract to Ontario Infrastructure and Lands Corporation ("oilc") (June 2026)

Prince Edward County Council approved up to $31,132,293 in long-term financing with Ontario Infrastructure and Lands Corporation (OILC) for the Wellington trunk water and sanitary sewer projects, using a 40-year amortization schedule. A by-law authorizes both temporary borrowing and issuance of debentures to OILC.

Document date · June 23, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $31,132,293
Contract type
FINANCIAL_SERVICES
Contract term
Forty (40) year amortization period
Renewal date
2066-12-31
Renewal
Debenture financing with a fixed 40-year amortization; standard refinancing or renewal provisions would follow OILC terms but are not specified in the minutes.
Document type
Minutes
Source document
The Corporation of the County of Prince Edward Minutes June 23, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by County of Prince Edward?

Ontario Infrastructure and Lands Corporation ("oilc") was awarded this financial services contract by County of Prince Edward, as recorded on June 23, 2026. The contract value is Up to $31,132,293.

How much is the Ontario Infrastructure and Lands Corporation ("oilc") contract with County of Prince Edward worth?

The Ontario Infrastructure and Lands Corporation ("oilc") contract with County of Prince Edward is valued at Up to $31,132,293, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in The Corporation of the County of Prince Edward Minutes June 23, 2026 (Minutes), dated June 23, 2026 from County of Prince Edward. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure and Lands Corporation ("oilc") hold?

Ontario Infrastructure and Lands Corporation ("oilc") 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 Ontario Infrastructure and Lands Corporation ("oilc")'s profile

What is County of Prince Edward currently buying?

Explore County of Prince Edward's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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