CONTRACTAPPROVED

Iowa Finance Authority Awards $8,500,000 Financial Services Contract to SPENCER (May 2025)

Iowa Finance Authority logoIowa Finance Authority
Disclosed value
$8,500,000
From agenda
Approved
May 7, 2025
Term
Up to 3 years

The 30-second brief

What it covers

The Iowa Finance Authority approved an $8.5 million SRF Planning and Design Loan to Spencer in Clay County at 0% interest for up to three years to plan major wastewater treatment improvements. This is the largest P&D loan in Exhibit WQ 25-08.

Who holds it

SPENCER holds this financial services contract with Iowa Finance Authority. Its other public contracts on record include work for Town of Charlton and Town of Inland.

What happens next

Term as filed: Up to 3 years.

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Contract details

Contract type
Financial Services
Amount
$8,500,000
Document date
May 7, 2025
Term
Up to 3 years
Vendor
SPENCER
Source document
iowa-finance-authority-board-of-directors-meeting-agenda-may-7-2025_bab.pdf (Agenda)

SPENCER's other public contracts

More Iowa Finance Authority contracts

Questions about this contract

Who was awarded the financial services contract by Iowa Finance Authority?

SPENCER was awarded this financial services contract by Iowa Finance Authority, as recorded on May 7, 2025. The contract value is $8,500,000.

How much is the SPENCER contract with Iowa Finance Authority worth?

The SPENCER contract with Iowa Finance Authority is valued at $8,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in iowa-finance-authority-board-of-directors-meeting-agenda-may-7-2025_bab.pdf (Agenda), dated May 7, 2025 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does SPENCER hold?

SPENCER may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Iowa Finance Authority currently buying?

Explore Iowa Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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