CONTRACTAPPROVED

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

South Dakota Water and Natural Resources Board | State of South Dakota
Disclosed value
Up to $908,000, including principal forgiveness not to exceed $726,000
From agendapacket
Approved
Nov 5, 2026
Term
10 years at 2.50% interest
Renews
Free account

The 30-second brief

What it covers

The board approved a $908,000 Drinking Water State Revolving Fund loan to the City of Webster, with up to $726,000 in principal forgiveness. The 10-year financing will replace water meters and upgrade the city’s meter-reading software.

Who holds it

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.

What happens next

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Contract details

Contract type
Financial Services
Amount
Up to $908,000, including principal forgiveness not to exceed $726,000
Document date
November 5, 2026
Term
10 years at 2.50% interest
Renews
On record
Source document
South Dakota Board of Water and Natural Resources AgendaPacket Meeting Packet 2026-11-05 (AgendaPacket)

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 November 5, 2026. The contract value is Up to $908,000, including principal forgiveness 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 not to exceed $726,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in South Dakota Board of Water and Natural Resources AgendaPacket Meeting Packet 2026-11-05 (AgendaPacket), dated November 5, 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.

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