FINANCIAL_SERVICESONGOING

State Loan-Grant Funds Falls City Water Mainline Work

Falls City is implementing a Safe Drinking Water Revolving Loan Fund agreement with the Oregon Business Development Department totaling over $2.3 million in forgivable and low‑interest loan funds. The financing supports design and construction of new water mainlines to improve reliability and pressure.

Status
ONGOING
Document date
June 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Oregon Business Development Department
Agency
City of Falls · OR

Trusted by teams at

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
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
$1,292,082 forgivable loan; $1,075,218 repayable loan at 1% interest
Contract type
FINANCIAL_SERVICES
Renewal
Financing structure includes a forgivable loan component and a 1% interest repayable loan; specific amortization schedule and maturity date are not detailed in the agenda packet.
Document type
AgendaPacket
Source document
Falls City Oregon City Council Agenda Packet 2026-06-01

Related contracts

Other contracts from Oregon Business Development Department.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Falls?

Oregon Business Development Department was awarded this financial services contract by City of Falls, as recorded on June 1, 2026. The contract value is $1,292,082 forgivable loan; $1,075,218 repayable loan at 1% interest.

How much is the Oregon Business Development Department contract with City of Falls worth?

The Oregon Business Development Department contract with City of Falls is valued at $1,292,082 forgivable loan; $1,075,218 repayable loan at 1% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Falls City Oregon City Council Agenda Packet 2026-06-01 (AgendaPacket), dated June 1, 2026 from City of Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oregon Business Development Department hold?

Oregon Business Development Department 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 Oregon Business Development Department's profile

What is City of Falls currently buying?

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

View City of Falls's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free