FINANCIAL_SERVICESRECOMMENDED

State Infrastructure Bank Loan Recommended for Hilliard Bridge

NOACA recommended a State Infrastructure Bank loan that would increase its commitment to the Hilliard Road Bridge replacement project to $32.5 million. The loan would be repaid over approximately 15 years through Cuyahoga County's future NOACA funding allocation.

Document date · July 10, 2026

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$32.5 million total NOACA commitment, including an additional $20 million; estimated project construction cost $66.3 million
Contract type
FINANCIAL_SERVICES
Contract term
Approximately 15 years; approximately $2.3 million in annual repayment
Renewal
Proposed loan repayment period is approximately 15 years; no renewal option stated. Joint loan agreement and application remain pending.
Document type
Minutes
Source document
Northeast Ohio Areawide Coordinating Agency Minutes Finance and Audit Committee Meeting July 10, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Northeast Ohio Areawide Coordinating Agency?

State Infrastructure Bank (sib) was awarded this financial services contract by Northeast Ohio Areawide Coordinating Agency, as recorded on July 10, 2026. The contract value is $32.5 million total NOACA commitment, including an additional $20 million; estimated project construction cost $66.3 million.

How much is the State Infrastructure Bank (sib) contract with Northeast Ohio Areawide Coordinating Agency worth?

The State Infrastructure Bank (sib) contract with Northeast Ohio Areawide Coordinating Agency is valued at $32.5 million total NOACA commitment, including an additional $20 million; estimated project construction cost $66.3 million, 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 Northeast Ohio Areawide Coordinating Agency Minutes Finance and Audit Committee Meeting July 10, 2026 (Minutes), dated July 10, 2026 from Northeast Ohio Areawide Coordinating Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Infrastructure Bank (sib) hold?

State Infrastructure Bank (sib) 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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