CONTRACTAPPROVED

Tennessee Local Development Authority | State of Tennessee Awards Financial Services Contract to Jackson Energy Authority (October 2026)

Tennessee Local Development Authority | State of Tennessee logoTennessee Local Development Authority | State of Tennessee
Disclosed value
$9,975,000.00 total request; $6,375,022.50 base loan; $3,599,977.50 principal forgiveness
From agendapacket
Approved
Oct 15, 2026
Term
20 years
Renews
Free account

The 30-second brief

What it covers

The Tennessee Local Development Authority approved a $9,975,000 Clean Water State Revolving Fund loan for Jackson Energy Authority. The 20-year loan includes $3,599,977.50 in principal forgiveness and carries a 0.25% interest rate.

Who holds it

Jackson Energy Authority holds this financial services contract with Tennessee Local Development Authority | State of Tennessee. Its other public contracts on record include work for Tennessee Alcoholic Beverage Commission and City of Union.

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
$9,975,000.00 total request; $6,375,022.50 base loan; $3,599,977.50 principal forgiveness
Document date
October 15, 2026
Term
20 years
Renews
Free account
Source document
Tennessee Local Development Authority AgendaPacket October 19, 2026 (AgendaPacket)

Jackson Energy Authority's other public contracts

More Tennessee Local Development Authority | State of Tennessee contracts

Questions about this contract

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

Jackson Energy Authority was awarded this financial services contract by Tennessee Local Development Authority | State of Tennessee, as recorded on October 15, 2026. The contract value is $9,975,000.00 total request; $6,375,022.50 base loan; $3,599,977.50 principal forgiveness.

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

The Jackson Energy Authority contract with Tennessee Local Development Authority | State of Tennessee is valued at $9,975,000.00 total request; $6,375,022.50 base loan; $3,599,977.50 principal forgiveness, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Tennessee Local Development Authority AgendaPacket October 19, 2026 (AgendaPacket), dated October 15, 2026 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 Jackson Energy Authority hold?

Jackson Energy Authority 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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