CONTRACTPENDING

Shelby Energy Seeks Approval for $200 Million CFC Mortgage

Reid Village Water District logoReid Village Water District
Disclosed value
Maximum indebtedness of $200,000,000.00
From report
Document date
Oct 6, 2026

The 30-second brief

What it covers

Shelby Energy is seeking approval to execute a restated mortgage and security agreement with National Rural Utilities Cooperative Finance Corporation. The agreement, dated August 3, 2026, would secure existing CFC obligations and permit a maximum indebtedness of $200 million.

Who holds it

National Rural Utilities Cooperative Finance Corporation (Cfc) holds this financial services contract with Reid Village Water District. Its other public contracts on record include work for Bluebonnet Electric Cooperative and Flathead Electric Cooperative.

What happens next

Term as filed: Restated Mortgage and Security Agreement dated August 3, 2026.

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Contract details

Contract type
Financial Services
Amount
Maximum indebtedness of $200,000,000.00
Document date
October 6, 2026
Term
Restated Mortgage and Security Agreement dated August 3, 2026
Vendor
National Rural Utilities Cooperative Finance Corporation (Cfc)
Source document
Public Service Commission Report Responses to Staff's First Request for Information 2026-10-06 (Report)

National Rural Utilities Cooperative Finance Corporation (Cfc)'s other public contracts

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Questions about this contract

Who was awarded the financial services contract by Reid Village Water District?

National Rural Utilities Cooperative Finance Corporation (Cfc) was awarded this financial services contract by Reid Village Water District, as recorded on October 6, 2026. The contract value is Maximum indebtedness of $200,000,000.00.

How much is the National Rural Utilities Cooperative Finance Corporation (Cfc) contract with Reid Village Water District worth?

The National Rural Utilities Cooperative Finance Corporation (Cfc) contract with Reid Village Water District is valued at Maximum indebtedness of $200,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Public Service Commission Report Responses to Staff's First Request for Information 2026-10-06 (Report), dated October 6, 2026 from Reid Village Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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