FINANCIAL_SERVICESAPPROVED

City of Washington Awards Financial Services Contract to Weg Transformers Usa Llc (May 2026)

The City of Washington approved issuance of up to $77 million in Taxable Industrial Revenue Bonds for the WEG Transformers USA LLC Project to finance acquisition, construction, and equipping of an industrial facility. The ordinance also approved an Omnibus Amendment related to the City’s 2021 WEG Transformers bond issue.

Status
APPROVED
Document date
May 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Weg Transformers Usa Llc
Agency
City of Washington · MO

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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
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
Not to exceed $77,000,000 (principal amount of bonds)
Contract type
FINANCIAL_SERVICES
Renewal
Authorizes new Series 2026 bonds and an Omnibus Amendment to existing 2021 industrial revenue bonds for the same project.
Document type
Agenda
Source document
City of Washington City Council Meeting Agenda May 4, 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 City of Washington?

Weg Transformers Usa Llc was awarded this financial services contract by City of Washington, as recorded on May 3, 2026. The contract value is Not to exceed $77,000,000 (principal amount of bonds).

How much is the Weg Transformers Usa Llc contract with City of Washington worth?

The Weg Transformers Usa Llc contract with City of Washington is valued at Not to exceed $77,000,000 (principal amount of bonds), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Washington City Council Meeting Agenda May 4, 2026 (Agenda), dated May 3, 2026 from City of Washington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Weg Transformers Usa Llc hold?

Weg Transformers Usa Llc 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 Weg Transformers Usa Llc's profile

What is City of Washington currently buying?

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

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