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FINANCIAL_SERVICESAPPROVED

Town of Valdese Awards $2,250,000 Financial Services Contract to North Carolina Division of Water Infrastructure (August 2026)

Valdese Town Council approved the project ordinance for raw water intake pump station resiliency improvements, including a $2.25 million loan from the North Carolina Division of Water Infrastructure. The loan carries 0% interest over 20 years and supplements approximately $11.75 million in principal forgiveness.

Document date · August 3, 2026

Issuing agencyTown of ValdeseVendorNorth Carolina Division of Water Infrastructure

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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
$2,250,000
Contract type
FINANCIAL_SERVICES
Contract term
20 years at 0% interest
Renewal date
2046-08-03
Renewal
20-year, 0% interest loan; no renewal option stated.
Document type
Minutes
Source document
Town of Valdese Minutes Town Council Regular Meeting August 3, 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 Valdese?

North Carolina Division of Water Infrastructure was awarded this financial services contract by Town of Valdese, as recorded on August 3, 2026. The contract value is $2,250,000.

How much is the North Carolina Division of Water Infrastructure contract with Town of Valdese worth?

The North Carolina Division of Water Infrastructure contract with Town of Valdese is valued at $2,250,000, 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 Town of Valdese Minutes Town Council Regular Meeting August 3, 2026 (Minutes), dated August 3, 2026 from Town of Valdese. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Carolina Division of Water Infrastructure hold?

North Carolina Division of Water Infrastructure 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 North Carolina Division of Water Infrastructure's profile

What is Town of Valdese currently buying?

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

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