FINANCIAL_SERVICESAPPROVED

City of Frankfort Awards Financial Services Contract to Kentucky Infrastructure Authority (March 2026)

The Frankfort Board of Commissioners approved a Conditional Commitment Letter with the Kentucky Infrastructure Authority for an $18,793,409.00 loan, including $4,444,323.00 in principal forgiveness, to fund the Lower PC3 sewer construction project. This financing advances a key long-term control plan initiative tied to Farmdale Sanitation District flows.

Status
APPROVED
Document date
March 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kentucky Infrastructure Authority
Agency
City of Frankfort · KY

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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
$18,793,409.00 (loan with $4,444,323.00 principal forgiveness)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Frankfort Board of Commissioners Regular Meeting Minutes 2026-03-23

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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 Frankfort?

Kentucky Infrastructure Authority was awarded this financial services contract by City of Frankfort, as recorded on March 23, 2026. The contract value is $18,793,409.00 (loan with $4,444,323.00 principal forgiveness).

How much is the Kentucky Infrastructure Authority contract with City of Frankfort worth?

The Kentucky Infrastructure Authority contract with City of Frankfort is valued at $18,793,409.00 (loan with $4,444,323.00 principal forgiveness), 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 Frankfort Board of Commissioners Regular Meeting Minutes 2026-03-23 (Minutes), dated March 23, 2026 from City of Frankfort. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kentucky Infrastructure Authority hold?

Kentucky Infrastructure Authority 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 Kentucky Infrastructure Authority's profile

What is City of Frankfort currently buying?

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

View City of Frankfort's profile

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