FINANCIAL_SERVICESAPPROVED

Regional Municipality of Niagara Awards $9,800,000 Financial Services Contract to Ontario Infrastructure and Lands Corporation Oilc (August 2026)

Niagara Region Council approved long-term financing of $9.8 million for a capital works project through debentures to be purchased by Ontario Infrastructure and Lands Corporation. The by-law authorizes a rate offer letter agreement and sets a 1–30 year term for repayment.

Status
APPROVED
Document date
August 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ontario Infrastructure and Lands Corporation Oilc
Agency
Regional Municipality of Niagara · Canada

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$9,800,000
Contract type
FINANCIAL_SERVICES
Contract term
1-30 years long-term financing
Renewal
Financing structured as 1–30 year debentures issued to OILC under a rate offer letter; no renewal details beyond amortization term.
Document type
Agenda
Source document
The Regional Municipality of Niagara Council Agenda 2026-08-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Regional Municipality of Niagara?

Ontario Infrastructure and Lands Corporation Oilc was awarded this financial services contract by Regional Municipality of Niagara, as recorded on August 21, 2026. The contract value is $9,800,000.

How much is the Ontario Infrastructure and Lands Corporation Oilc contract with Regional Municipality of Niagara worth?

The Ontario Infrastructure and Lands Corporation Oilc contract with Regional Municipality of Niagara is valued at $9,800,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in The Regional Municipality of Niagara Council Agenda 2026-08-27 (Agenda), dated August 21, 2026 from Regional Municipality of Niagara. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure and Lands Corporation Oilc hold?

Ontario Infrastructure and Lands Corporation Oilc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ontario Infrastructure and Lands Corporation Oilc's profile

What is Regional Municipality of Niagara currently buying?

Explore Regional Municipality of Niagara's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Regional Municipality of Niagara's profile

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