McKinney Water Awards $30,000,000 Financial Services Contract to U.s. Department of Transportation Build America Bureau (March 2025)

The McKinney Community Development Corporation approved authorization for its Chairman to accept a $30,000,000 TIFIA loan from the U.S. Department of Transportation Build America Bureau. The long-term financing will fund improvements to McKinney National Airport, including construction of new passenger terminal facilities, with projected interest savings of about $15 million over 30 years.

Document date · March 3, 2025

Track McKinney Water contracts

Get alerts when new contracts are awarded or existing ones approach renewal at McKinney Water.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$30,000,000.00

Contract type

FINANCIAL_SERVICES

Contract term

30 years (projected savings over 30 years noted)

Renewal

Single long-term TIFIA loan; no renewal terms described in the minutes.

Document type

Minutes

Source document

McKinney City Council and MCDC Joint Meeting Minutes March 2025

Related contracts

Other contracts from U.s. Department of Transportation Build America Bureau.

View all →

Shaker Heights Finance Committee Agenda 2026-08-17

PENDING

City of Shaker Heights, Ohio$945,000Aug 17, 2026

Troy City Council Agenda 2026-06-01

PENDING

City of Troy, Ohio$860,000Jun 1, 2026

Troy City Council Committee Meeting Agenda Packet 2026-05-26

PENDING

City of Troy, OhioMay 26, 2026

Troy City Council Committee Meeting Agenda Packet 2026-05-26

PENDING

Miami Metropolitian Housing Authority, Ohio$860,000May 26, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by McKinney Water?

U.s. Department of Transportation Build America Bureau was awarded this financial services contract by McKinney Water, as recorded on March 3, 2025. The contract value is $30,000,000.00.

How much is the U.s. Department of Transportation Build America Bureau contract with McKinney Water worth?

The U.s. Department of Transportation Build America Bureau contract with McKinney Water is valued at $30,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in McKinney City Council and MCDC Joint Meeting Minutes March 2025 (Minutes), dated March 3, 2025 from McKinney Water. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Department of Transportation Build America Bureau hold?

U.s. Department of Transportation Build America Bureau may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View U.s. Department of Transportation Build America Bureau's profile

What is McKinney Water currently buying?

Explore McKinney Water's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View McKinney Water's profile