Paradox Oil And Gas Bankruptcy Impacts District Budget
- Disclosed value
- $100,000 (budgeted revenue shortfall)
- From minutes
- Document date
- Jan 21, 2026
- Term
- Prior fiscal year (ended 2025)
The 30-second brief
Norwood Fire Protection District reported a $100,000 prior-year budget shortfall due to Paradox Oil and Gas declaring bankruptcy, ending expected payments tied to the company. The bankruptcy is also contributing to a projected $143,000 revenue deficit for the current year.
Paradox Oil & Gas holds this contract with Norwood Fire Protection District.
Term as filed: Prior fiscal year (ended 2025).
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Contract details
- Amount
- $100,000 (budgeted revenue shortfall)
- Document date
- January 21, 2026
- Term
- Prior fiscal year (ended 2025)
- Vendor
- Paradox Oil & Gas
- Source document
- Norwood Fire Protection District Minutes January 21st, 2026 (Minutes)
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Questions about this contract
Who was awarded the government contract by Norwood Fire Protection District?
Paradox Oil & Gas was awarded this government contract by Norwood Fire Protection District, as recorded on January 21, 2026. The contract value is $100,000 (budgeted revenue shortfall).
How much is the Paradox Oil & Gas contract with Norwood Fire Protection District worth?
The Paradox Oil & Gas contract with Norwood Fire Protection District is valued at $100,000 (budgeted revenue shortfall).
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Norwood Fire Protection District Minutes January 21st, 2026 (Minutes), dated January 21, 2026 from Norwood Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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