North Dakota Industrial Commission Awards Financial Services Contract to City of Dickinson (June 2026)

The Industrial Commission approved a 20-year, $6 million Drinking Water State Revolving Fund loan to the City of Dickinson to replace aging cast iron water mains, service lines, and curb stops in an $18.25 million project. The loan will be repaid with revenue bonds backed by sales tax revenues, with additional cost-share and local funding authorized by resolution under the SRF Master Trust Indenture.

Scope & details

The full contract record, as filed.

Contract amount

$6,000,000 (loan); $18,250,000 total project

Contract type

FINANCIAL_SERVICES

Contract term

20 years

Renewal date

2046-06-29

Renewal

Loan is funded from the Drinking Water Loan Fund under the Master Trust Indenture with 20-year repayment; resolution declares intent to reimburse Federally Capitalized Loan Account advances from future bond proceeds.

Document type

Minutes

Source document

Industrial Commission of North Dakota Minutes 2026-06-29

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Dakota Industrial Commission?

City of Dickinson was awarded this financial services contract by North Dakota Industrial Commission, as recorded on June 29, 2026. The contract value is $6,000,000 (loan); $18,250,000 total project.

How much is the City of Dickinson contract with North Dakota Industrial Commission worth?

The City of Dickinson contract with North Dakota Industrial Commission is valued at $6,000,000 (loan); $18,250,000 total project, 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 Industrial Commission of North Dakota Minutes 2026-06-29 (Minutes), dated June 29, 2026 from North Dakota Industrial Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Dickinson hold?

City of Dickinson may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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