Town of Newton Awards $1,112,696 Financial Services Contract to North Carolina Department of Environmental Quality (June 2021)
Town of NewtonCity · AL- Disclosed value
- $1,112,696
- From agenda
- Approved
- Jun 15, 2021
- Term
- 20 years
The 30-second brief
The City of Newton accepted a $1,112,696 State Reserve Program loan from the North Carolina Department of Environmental Quality to fund rehabilitation of the West A Street sewer line. The loan carries a 0% interest rate over 20 years with a 2% closing fee, and Council approved the required resolution and assurances.
North Carolina Department of Environmental Quality holds this financial services contract with Town of Newton. Its other public contracts on record include work for Chatham County and Town of Oak Island.
Term as filed: 20 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,112,696
- Document date
- June 15, 2021
- Term
- 20 years
- Agency
- Town of Newton
- Source document
- city-of-newton-regular-meeting-agenda-june-15-2021_b61.pdf (Agenda)
North Carolina Department of Environmental Quality's other public contracts
More Town of Newton contracts
Questions about this contract
Who was awarded the financial services contract by Town of Newton?
North Carolina Department of Environmental Quality was awarded this financial services contract by Town of Newton, as recorded on June 15, 2021. The contract value is $1,112,696.
How much is the North Carolina Department of Environmental Quality contract with Town of Newton worth?
The North Carolina Department of Environmental Quality contract with Town of Newton is valued at $1,112,696, 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 city-of-newton-regular-meeting-agenda-june-15-2021_b61.pdf (Agenda), dated June 15, 2021 from Town of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does North Carolina Department of Environmental Quality hold?
North Carolina Department of Environmental Quality 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 Town of Newton currently buying?
Explore Town of Newton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.