CONTRACTAPPROVED

Northwestern Indiana Regional Planning Commission Awards Financial Services Contract to City of La Porte (March 2024)

Northwestern Indiana Regional Planning Commission logoNorthwestern Indiana Regional Planning Commission
Disclosed value
Initial payment based on half of 27.59% of $279,111.33, approximately $38,503.41; additional biennial payments based on future loan principal payments
From resolution
Approved
Mar 21, 2024
Renews
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The 30-second brief

What it covers

NIRPC approved an agreement to return the City of La Porte’s share of remaining Non-Award funds from the La Porte County Revolving Loan Fund. The city is scheduled to receive an initial payment of approximately $38,503.41 by September 1, 2024, followed by biennial payments through 2034 based on loan principal collections.

Who holds it

City of La Porte holds this financial services contract with Northwestern Indiana Regional Planning Commission. Its other public contracts on record include work for City of Houston city and Harris County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Northwestern Indiana Regional Planning Commission contract.

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Contract details

Contract type
Financial Services
Amount
Initial payment based on half of 27.59% of $279,111.33, approximately $38,503.41; additional biennial payments based on future loan principal payments
Document date
March 21, 2024
Term
Effective in 2024 upon execution through scheduled payments by September 1, 2026, 2028, 2030, 2032, and 2034; may extend if existing loans are refinanced or granted moratoriums
Renews
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Source document
Northwestern Indiana Regional Planning Commission Resolution 24-04 La Porte County Revolving Loan Fund 2024-03-21 (Resolution)

City of La Porte's other public contracts

More Northwestern Indiana Regional Planning Commission contracts

Questions about this contract

Who was awarded the financial services contract by Northwestern Indiana Regional Planning Commission?

City of La Porte was awarded this financial services contract by Northwestern Indiana Regional Planning Commission, as recorded on March 21, 2024. The contract value is Initial payment based on half of 27.59% of $279,111.33, approximately $38,503.41; additional biennial payments based on future loan principal payments.

How much is the City of La Porte contract with Northwestern Indiana Regional Planning Commission worth?

The City of La Porte contract with Northwestern Indiana Regional Planning Commission is valued at Initial payment based on half of 27.59% of $279,111.33, approximately $38,503.41; additional biennial payments based on future loan principal payments, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Northwestern Indiana Regional Planning Commission Resolution 24-04 La Porte County Revolving Loan Fund 2024-03-21 (Resolution), dated March 21, 2024 from Northwestern Indiana Regional Planning Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of La Porte hold?

City of La Porte 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 Northwestern Indiana Regional Planning Commission currently buying?

Explore Northwestern Indiana Regional Planning Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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