New Jersey Infrastructure Bank Awards Financial Services Contract to Jersey City Municipal Utilities Authority (October 2026)
- Disclosed value
- Not to exceed $31,150,000
- From resolution
- Approved
- Oct 15, 2026
- Term
- Not to exceed the maximum statutory term
The 30-second brief
The New Jersey Infrastructure Bank approved a Water Bank Construction Financing Program loan to Jersey City Municipal Utilities Authority of up to $31.15 million for Boonton Water Treatment Plant filter upgrades. The financing supports project construction pending anticipated long-term program financing.
Jersey City Municipal Utilities Authority holds this financial services contract with New Jersey Infrastructure Bank. Its other public contracts on record include work for Borough of Rockaway and Township of Denville.
Term as filed: Not to exceed the maximum statutory term.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $31,150,000
- Document date
- October 15, 2026
- Term
- Not to exceed the maximum statutory term
- Source document
- New Jersey Infrastructure Bank Resolution No. 26-52 Water Bank Construction Financing Program Loans 2026-10-15 (Resolution)
Jersey City Municipal Utilities Authority's other public contracts
More New Jersey Infrastructure Bank contracts
Questions about this contract
Who was awarded the financial services contract by New Jersey Infrastructure Bank?
Jersey City Municipal Utilities Authority was awarded this financial services contract by New Jersey Infrastructure Bank, as recorded on October 15, 2026. The contract value is Not to exceed $31,150,000.
How much is the Jersey City Municipal Utilities Authority contract with New Jersey Infrastructure Bank worth?
The Jersey City Municipal Utilities Authority contract with New Jersey Infrastructure Bank is valued at Not to exceed $31,150,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in New Jersey Infrastructure Bank Resolution No. 26-52 Water Bank Construction Financing Program Loans 2026-10-15 (Resolution), dated October 15, 2026 from New Jersey Infrastructure Bank. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jersey City Municipal Utilities Authority hold?
Jersey City Municipal Utilities Authority 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 New Jersey Infrastructure Bank currently buying?
Explore New Jersey Infrastructure Bank's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.