CONTRACTAPPROVED

South Dakota Water and Natural Resources Board | State of South Dakota Awards Financial Services Contract to City of Milbank (September 2026)

South Dakota Water and Natural Resources Board | State of South Dakota
Disclosed value
Up to $10,000,000
From minutes
Approved
Sep 24, 2026
Term
20 years at 3.75% interest

The 30-second brief

What it covers

The board approved a $10 million Drinking Water State Revolving Fund loan to the City of Milbank. The 20-year loan at 3.75% interest will finance a 2.0-MGD treatment plant addressing iron and manganese levels.

Who holds it

City of Milbank holds this financial services contract with South Dakota Water and Natural Resources Board | State of South Dakota. Its other public contracts on record include work for Milbank School District 25-4 and Grant County.

What happens next

Term as filed: 20 years at 3.75% interest.

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Contract details

Contract type
Financial Services
Amount
Up to $10,000,000
Document date
September 24, 2026
Term
20 years at 3.75% interest
Source document
Board of Water and Natural Resources Minutes 2026-09-24 (Minutes)

City of Milbank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by South Dakota Water and Natural Resources Board | State of South Dakota?

City of Milbank was awarded this financial services contract by South Dakota Water and Natural Resources Board | State of South Dakota, as recorded on September 24, 2026. The contract value is Up to $10,000,000.

How much is the City of Milbank contract with South Dakota Water and Natural Resources Board | State of South Dakota worth?

The City of Milbank contract with South Dakota Water and Natural Resources Board | State of South Dakota is valued at Up to $10,000,000, 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 Board of Water and Natural Resources Minutes 2026-09-24 (Minutes), dated September 24, 2026 from South Dakota Water and Natural Resources Board | State of South Dakota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Milbank hold?

City of Milbank 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 South Dakota Water and Natural Resources Board | State of South Dakota currently buying?

Explore South Dakota Water and Natural Resources Board | State of South Dakota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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