CONTRACTAPPROVED

Loudon County Awards Financial Services Contract to Tellico Area Services System (January 2020)

Loudon County logoLoudon County
Disclosed value
Not to exceed $6,500,000
From meeting minutes
Approved
Jan 6, 2020
Renews
Free account

The 30-second brief

What it covers

Loudon County Commission approved Resolution 010620-H authorizing issuance of up to $6,500,000 in water and sewer revenue bonds to finance upgrades and extensions to the Tellico Area Services System, including expansion of the county water tank. The bonds will mature annually through 2044 and are payable solely from system revenues on parity with existing state revolving fund loans.

Who holds it

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.

What happens next

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
Document date
January 6, 2020
Term
Bonds maturing annually July 1, 2020 through July 1, 2044
Renews
Free account
Source document
loudon-county-meeting-minutes-2020-01-06_a4e.pdf (Meeting Minutes)

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.

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, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in loudon-county-meeting-minutes-2020-01-06_a4e.pdf (Meeting Minutes), 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.

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