Tennessee Local Development Authority | State of Tennessee Awards $20,000,000 Financial Services Contract to Oak Ridge (May 2024)
Tennessee Local Development Authority | State of TennesseeState · Nashville, TN- Disclosed value
- $20,000,000
- From minutes
- Approved
- May 14, 2024
- Term
- 30 years
The 30-second brief
The Tennessee Local Development Authority unanimously approved a $20 million Drinking Water State Revolving Fund loan for Oak Ridge. The 30-year loan will finance construction of a new 16-million-gallon-per-day water treatment plant at a recommended 3.33% interest rate.
Oak Ridge holds this financial services contract with Tennessee Local Development Authority | State of Tennessee. Its other public contracts on record include work for City of Brandon and Town of Brandon.
Term as filed: 30 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $20,000,000
- Document date
- May 14, 2024
- Term
- 30 years
- Vendor
- Oak Ridge
- Source document
- Tennessee Local Development Authority Minutes May 14, 2024 (Minutes)
Oak Ridge'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?
Oak Ridge was awarded this financial services contract by Tennessee Local Development Authority | State of Tennessee, as recorded on May 14, 2024. The contract value is $20,000,000.
How much is the Oak Ridge contract with Tennessee Local Development Authority | State of Tennessee worth?
The Oak Ridge contract with Tennessee Local Development Authority | State of Tennessee is valued at $20,000,000, 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 May 14, 2024 (Minutes), dated May 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 Oak Ridge hold?
Oak Ridge 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.