South Dakota Water and Natural Resources Board | State of South Dakota Awards Financial Services Contract to City of Webster (September 2026)
South Dakota Water and Natural Resources Board | State of South DakotaState · Pierre, SD- Disclosed value
- Up to $908,000, including principal forgiveness of 80.0% not to exceed $726,000
- From minutes
- Approved
- Sep 24, 2026
- Term
- 10 years at 2.50% interest
The 30-second brief
The board approved up to $908,000 for the City of Webster's water meter replacement project. The 10-year loan at 2.5% interest includes up to $726,000 in principal forgiveness and will replace 1,075 meters and upgrade software.
City of Webster 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 City of Pearland city and Webster School District 18-5.
Term as filed: 10 years at 2.50% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $908,000, including principal forgiveness of 80.0% not to exceed $726,000
- Document date
- September 24, 2026
- Term
- 10 years at 2.50% interest
- Vendor
- City of Webster
- Source document
- Board of Water and Natural Resources Minutes 2026-09-24 (Minutes)
City of Webster's other public contracts
More South Dakota Water and Natural Resources Board | State of South Dakota contracts
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 Webster 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 $908,000, including principal forgiveness of 80.0% not to exceed $726,000.
How much is the City of Webster contract with South Dakota Water and Natural Resources Board | State of South Dakota worth?
The City of Webster contract with South Dakota Water and Natural Resources Board | State of South Dakota is valued at Up to $908,000, including principal forgiveness of 80.0% not to exceed $726,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
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 Webster hold?
City of Webster 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.
