CONTRACTAPPROVED

City of Sanford Awards $115,000,000 Loan & Grant Contract to Division of Water Infrastructure (October 2024)

City of Sanford logoCity of Sanford
Disclosed value
$115,000,000
From meeting minutes
Approved
Oct 1, 2024
Term
30 years

The 30-second brief

What it covers

City of Sanford receives $115 million award from the Division of Water Infrastructure for the Water Treatment Expansion Project, with 26% as a grant and the rest as a 30-year interest-free loan.

Who holds it

Division of Water Infrastructure holds this loan & grant contract with City of Sanford. Its other public contracts on record include work for Town of Ayden and Town of Plymouth.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Loan & Grant
Amount
$115,000,000
Document date
October 1, 2024
Term
30 years
Source document
city-of-sanford-meeting-minutes-2024-10-01_1cf.pdf (Meeting Minutes)

Division of Water Infrastructure's other public contracts

More City of Sanford contracts

Questions about this contract

Who was awarded the loan & grant contract by City of Sanford?

Division of Water Infrastructure was awarded this loan & grant contract by City of Sanford, as recorded on October 1, 2024. The contract value is $115,000,000.

How much is the Division of Water Infrastructure contract with City of Sanford worth?

The Division of Water Infrastructure contract with City of Sanford is valued at $115,000,000, covering loan & grant work.

What type of contract is this?

This is a Loan & Grant contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-sanford-meeting-minutes-2024-10-01_1cf.pdf (Meeting Minutes), dated October 1, 2024 from City of Sanford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Division of Water Infrastructure hold?

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 Sanford currently buying?

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

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