CONTRACTAPPROVED

Tennessee Local Development Authority | State of Tennessee Awards $15,000,000 Financial Services Contract to FAYETTEVILLE (November 2024)

Tennessee Local Development Authority | State of Tennessee logoTennessee Local Development Authority | State of Tennessee
Disclosed value
$15,000,000
From minutes
Approved
Nov 14, 2024
Term
20 years
Renews
Free account

The 30-second brief

What it covers

The Tennessee Local Development Authority unanimously approved a $15 million DWSRF loan for Fayetteville. The 20-year financing will replace approximately 83,000 linear feet of aging waterline to improve pressure and reduce water loss.

Who holds it

FAYETTEVILLE holds this financial services contract with Tennessee Local Development Authority | State of Tennessee. Its other public contracts on record include work for City of Fayetteville and Northwest Arkansas Regional Mobility Authority.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Tennessee Local Development Authority | State of Tennessee contract.

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Contract details

Contract type
Financial Services
Amount
$15,000,000
Document date
November 14, 2024
Term
20 years
Renews
Free account
Source document
Tennessee Local Development Authority Minutes Meeting Minutes November 14, 2024 (Minutes)

FAYETTEVILLE'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?

FAYETTEVILLE was awarded this financial services contract by Tennessee Local Development Authority | State of Tennessee, as recorded on November 14, 2024. The contract value is $15,000,000.

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

The FAYETTEVILLE contract with Tennessee Local Development Authority | State of Tennessee is valued at $15,000,000, 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 Tennessee Local Development Authority Minutes Meeting Minutes November 14, 2024 (Minutes), dated November 14, 2024 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 FAYETTEVILLE hold?

FAYETTEVILLE 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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