Loudon County Awards Financial Services Contract to Tellico Area Services System (January 2020)
- Disclosed value
- Not to exceed $6,500,000 (aggregate principal amount of water and sewer revenue bonds)
- From agenda
- Approved
- Jan 6, 2020
- Renews
- Free account
The 30-second brief
Loudon County Commission approved a bond resolution authorizing issuance of up to $6.5 million in joint water and sewer revenue bonds for the Tellico Area Services System. The bonds, maturing between 2020 and 2044, will finance extensions and improvements to the regional water and sewer infrastructure and are secured solely by system revenues.
Tellico Area Services System holds this financial services contract with Loudon County. Its other public contracts on record include work for Monroe County School District.
The renewal date is on record. A free account shows it, with the renewals for every Loudon County contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $6,500,000 (aggregate principal amount of water and sewer revenue bonds)
- Document date
- January 6, 2020
- Term
- Bond maturities from July 1, 2020 through July 1, 2044
- Renews
- Free account
- Agency
- Loudon County
- Source document
- loudon-county-agenda-2020-01-06_e45.pdf (Agenda)
Tellico Area Services System's other public contracts
More Loudon County contracts
Questions about this contract
Who was awarded the financial services contract by Loudon County?
Tellico Area Services System was awarded this financial services contract by Loudon County, as recorded on January 6, 2020. The contract value is Not to exceed $6,500,000 (aggregate principal amount of water and sewer revenue bonds).
How much is the Tellico Area Services System contract with Loudon County worth?
The Tellico Area Services System contract with Loudon County is valued at Not to exceed $6,500,000 (aggregate principal amount of water and sewer revenue bonds), 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 loudon-county-agenda-2020-01-06_e45.pdf (Agenda), dated January 6, 2020 from Loudon County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Tellico Area Services System hold?
Tellico Area Services System 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 Loudon County currently buying?
Explore Loudon County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.