CONTRACTPENDING

Stillwater Utilities to Close $112.9M OWRB Water Project Loan

Disclosed value: Not to exceed $112,900,000; From agenda
Document date: Dec 15, 2025

What it covers

Stillwater Utilities Authority approved a loan with Oklahoma Water Resources Board up to $112.9 million for major water and wastewater infrastructure projects. Closing is expected in December 2025.

Who holds it

Oklahoma Water Resources Board Owrb holds this financial services contract with City of Stillwater.

What happens next

Term as filed: Anticipated closing December 2025; repayment terms not specified.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $112,900,000
Document date: December 15, 2025
Term: Anticipated closing December 2025; repayment terms not specified
Vendor: Oklahoma Water Resources Board Owrb
Agency: City of Stillwater
Source document: City of Stillwater Audit Committee Agenda December 2025 (Agenda)

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Questions about this contract

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

Oklahoma Water Resources Board Owrb was awarded this financial services contract by City of Stillwater, as recorded on December 15, 2025. The contract value is Not to exceed $112,900,000.

How much is the Oklahoma Water Resources Board Owrb contract with City of Stillwater worth?

The Oklahoma Water Resources Board Owrb contract with City of Stillwater is valued at Not to exceed $112,900,000, 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 Stillwater Audit Committee Agenda December 2025 (Agenda), dated December 15, 2025 from City of Stillwater. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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