FINANCIAL_SERVICESAPPROVED

Town of Grand Valley Awards Financial Services Contract to Ontario Infrastructure & Lands Corporation (“oilc”) (April 2026)

Grand Valley Council authorized a $3.1135 million debenture with Ontario Infrastructure and Lands Corporation for Community Centre expansion financing. The debenture carries 4.53% annual interest, compounded semi-annually, over 20 years and closes April 15, 2026.

Document date · April 14, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,113,500.00 principal amount; interest rate of 4.53% per annum compounded semi-annually
Contract type
FINANCIAL_SERVICES
Contract term
20 years; closing date April 15, 2026
Renewal date
2046-04-15
Renewal
Fixed 20-year debenture term; no renewal option stated.
Document type
AgendaPacket
Source document
Town of Grand Valley AgendaPacket Council Meeting April 14, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Grand Valley?

Ontario Infrastructure & Lands Corporation (“oilc”) was awarded this financial services contract by Town of Grand Valley, as recorded on April 14, 2026. The contract value is $3,113,500.00 principal amount; interest rate of 4.53% per annum compounded semi-annually.

How much is the Ontario Infrastructure & Lands Corporation (“oilc”) contract with Town of Grand Valley worth?

The Ontario Infrastructure & Lands Corporation (“oilc”) contract with Town of Grand Valley is valued at $3,113,500.00 principal amount; interest rate of 4.53% per annum compounded semi-annually, 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 Town of Grand Valley AgendaPacket Council Meeting April 14, 2026 (AgendaPacket), dated April 14, 2026 from Town of Grand Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure & Lands Corporation (“oilc”) hold?

Ontario Infrastructure & Lands Corporation (“oilc”) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ontario Infrastructure & Lands Corporation (“oilc”)'s profile

What is Town of Grand Valley currently buying?

Explore Town of Grand Valley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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