Loudon County Awards Financial Services Contract to Tellico Area Services System (January 2020)
- Disclosed value
- Not to exceed $6,500,000
- From meeting minutes
- Approved
- Jan 6, 2020
- Renews
- Free account
The 30-second brief
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.
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
- Document date
- January 6, 2020
- Term
- Bonds maturing annually July 1, 2020 through July 1, 2044
- Renews
- Free account
- Agency
- Loudon County
- 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.