Nevada Board for Financing Water Projects Agenda Packet 2026-05-20
$1.5M Redundant Tank Loan for Orovada GID
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Description
The Board for Financing Water Projects is recommended to approve a $1,499,974.44 DWSRF Principal Forgiveness loan to Orovada General Improvement District. The loan will fund the construction of a redundant storage tank and transmission main, with a 100% principal forgiveness and compliance conditions.
Contract Details
Contract Amount
$1,499,974.44
Vendor
OROVADA GENERAL IMPROVEMENT DISTRICT
Agency
Nevada Division of Environmental Protection |Board for Financing Water Projects, NV
Contract Type
CONSTRUCTION
Document Date
May 20, 2026
Contract Term
3 years to draw funds from contract date
Renewal Date
2029-05-20
Renewal Info
Funds must be drawn within 3 years. User rates reviewed every 3 years. Asset management plan required. No specific renewal.
More from OROVADA GENERAL IMPROVEMENT DISTRICT
Related Contracts
State Board for Financing Water Projects Agenda Packet 2026-05-20
AWARDEDboard_for_financing_water_projects_agenda_august_2.pdf
RECOMMENDEDIssuing Agency
Nevada Division of Environmental Protection |Board for Financing Water Projects
State
CarsonCity, NV
More from Nevada Division of Environmental Protection |Board for Financing Water Projects
Nevada Board for Financing Water Projects Agenda Packet 2026-05-20
Nevada Board for Financing Water Projects Agenda Packet 2026-05-20
Nevada Board for Financing Water Projects Agenda Packet 2026-05-20
State Board for Financing Water Projects Agenda Packet 2026-05-20
State Board for Financing Water Projects Agenda Packet 2026-05-20
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