FINANCIAL_SERVICESPENDING

State Plans $45.6M Package for Sierra Pines WTP

The State Water Resources Control Board’s Division of Financial Assistance signaled its intent to fund the Sierra Pines Regional Water Treatment Facility Project with an estimated $45.6 million package combining principal forgiveness, a zero‑percent interest loan, and a standard‑interest SRF loan. An October 4, 2023 authorization letter allows Tuolumne Utilities District to begin construction before finalizing the funding agreement, at the District’s risk.

Document date · October 26, 2023

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$45,600,000 (approximate total project funding: $27,479,008 principal forgiveness, $10,000,000 0% interest loan, $8,120,992 standard-interest loan)
Contract type
FINANCIAL_SERVICES
Renewal
Planned Drinking Water State Revolving Fund financing to be formalized in a forthcoming funding agreement; includes a mix of principal forgiveness, 0% interest incentive loan, and standard‑rate SRF loan. No renewal terms described.
Document type
AgendaPacket
Source document
Tuolumne Utilities District AgendaPacket Special Board Meeting 2023-10-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Tuolumne Utilities District?

State Water Resources Control Board Division of Financial Assistance was awarded this financial services contract by Tuolumne Utilities District, as recorded on October 26, 2023. The contract value is $45,600,000 (approximate total project funding: $27,479,008 principal forgiveness, $10,000,000 0% interest loan, $8,120,992 standard-interest loan).

How much is the State Water Resources Control Board Division of Financial Assistance contract with Tuolumne Utilities District worth?

The State Water Resources Control Board Division of Financial Assistance contract with Tuolumne Utilities District is valued at $45,600,000 (approximate total project funding: $27,479,008 principal forgiveness, $10,000,000 0% interest loan, $8,120,992 standard-interest loan), 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 Tuolumne Utilities District AgendaPacket Special Board Meeting 2023-10-26 (AgendaPacket), dated October 26, 2023 from Tuolumne Utilities District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Water Resources Control Board Division of Financial Assistance hold?

State Water Resources Control Board Division of Financial Assistance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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