Infrastructure Finance Authority Awards Financial Services Contract to Tri City Water & Sanitary Authority (October 2026)
Infrastructure Finance AuthorityState Agency · Salem, OR- Disclosed value
- $1,500,000 total award: $750,000 grant and $750,000 loan
- From staffreport
- Approved
- Oct 2, 2026
- Renews
- Free account
The 30-second brief
The Oregon Infrastructure Finance Authority approved a $1.5 million Water/Wastewater Financing Program award to Tri City Water & Sanitary Authority. The award includes a $750,000 grant and a $750,000 loan at 1.00% interest to fund wastewater collection system rehabilitation and construction through November 2027, followed by 30 years of repayment.
Tri City Water & Sanitary Authority holds this financial services contract with Infrastructure Finance Authority. Its other public contracts on record include work for South Umpqua School District 19.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,500,000 total award: $750,000 grant and $750,000 loan
- Document date
- October 2, 2026
- Term
- Construction phase through November 30, 2027; repayment phase of 30 years, with estimated first principal and interest payment due December 1, 2028
- Renews
- On record
- Vendor
- Tri City Water & Sanitary Authority
- Source document
- Oregon Business Development Department StaffReport Funding Opportunity - Tri City Water & Sanitary Authority 2026-10-02 (StaffReport)
More Infrastructure Finance Authority contracts
Questions about this contract
Who was awarded the financial services contract by Infrastructure Finance Authority?
Tri City Water & Sanitary Authority was awarded this financial services contract by Infrastructure Finance Authority, as recorded on October 2, 2026. The contract value is $1,500,000 total award: $750,000 grant and $750,000 loan.
How much is the Tri City Water & Sanitary Authority contract with Infrastructure Finance Authority worth?
The Tri City Water & Sanitary Authority contract with Infrastructure Finance Authority is valued at $1,500,000 total award: $750,000 grant and $750,000 loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Oregon Business Development Department StaffReport Funding Opportunity - Tri City Water & Sanitary Authority 2026-10-02 (StaffReport), dated October 2, 2026 from Infrastructure Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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