CONTRACTPENDING

Pikeville Wastewater Loan Scheduled for TLDA Approval

Tennessee Local Development Authority | State of Tennessee logoTennessee Local Development Authority | State of Tennessee
Disclosed value
$7,100,000 total ($3,550,000 SRF base loan and $3,550,000 principal forgiveness)
From agenda
Document date
Dec 15, 2025
Term
20 years

The 30-second brief

What it covers

The Tennessee Local Development Authority is scheduled to consider a $7.1 million Clean Water State Revolving Fund loan for the City of Pikeville. The 20-year financing would support wastewater treatment plant expansion and advanced treatment, with half provided as principal forgiveness at a proposed 1.34% interest rate.

Who holds it

City of Pikeville holds this financial services contract with Tennessee Local Development Authority | State of Tennessee. Its other public contracts on record include work for Pikeville Independent School District and Kentucky General Assembly | Commonwealth of Kentucky.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Financial Services
Amount
$7,100,000 total ($3,550,000 SRF base loan and $3,550,000 principal forgiveness)
Document date
December 15, 2025
Term
20 years
Source document
Tennessee Local Development Authority Agenda December 15, 2025 (Agenda)

City of Pikeville's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Tennessee Local Development Authority | State of Tennessee?

City of Pikeville was awarded this financial services contract by Tennessee Local Development Authority | State of Tennessee, as recorded on December 15, 2025. The contract value is $7,100,000 total ($3,550,000 SRF base loan and $3,550,000 principal forgiveness).

How much is the City of Pikeville contract with Tennessee Local Development Authority | State of Tennessee worth?

The City of Pikeville contract with Tennessee Local Development Authority | State of Tennessee is valued at $7,100,000 total ($3,550,000 SRF base loan and $3,550,000 principal forgiveness), 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 Tennessee Local Development Authority Agenda December 15, 2025 (Agenda), dated December 15, 2025 from Tennessee Local Development Authority | State of Tennessee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Pikeville hold?

City of Pikeville 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 Tennessee Local Development Authority | State of Tennessee currently buying?

Explore Tennessee Local Development Authority | State of Tennessee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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