Utah Water Quality Board | State of Utah Awards Financial Services Contract to Provo City (April 2020)
Utah Water Quality Board | State of UtahState · SaltLakeCity, UT- Disclosed value
- $77.8 million, including $2 million in principal forgiveness
- From minutes
- Approved
- Apr 22, 2020
- Term
- 20 years
The 30-second brief
The Utah Water Quality Board has an existing $77.8 million Clean Water State Revolving Fund loan with Provo City for its Membrane Bioreactor wastewater treatment project, including $2 million in principal forgiveness at a 0.5% interest rate over 20 years. The April 22, 2020 meeting provided an update on project progress without changing the loan terms.
Provo City holds this financial services contract with Utah Water Quality Board | State of Utah. Its other public contracts on record include work for City of Provo and City of Orem.
Term as filed: 20 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $77.8 million, including $2 million in principal forgiveness
- Document date
- April 22, 2020
- Term
- 20 years
- Vendor
- Provo City
- Source document
- utah_water_quality_board_minutes_april_2020.pdf (Minutes)
Provo City's other public contracts
More Utah Water Quality Board | State of Utah contracts
Questions about this contract
Who was awarded the financial services contract by Utah Water Quality Board | State of Utah?
Provo City was awarded this financial services contract by Utah Water Quality Board | State of Utah, as recorded on April 22, 2020. The contract value is $77.8 million, including $2 million in principal forgiveness.
How much is the Provo City contract with Utah Water Quality Board | State of Utah worth?
The Provo City contract with Utah Water Quality Board | State of Utah is valued at $77.8 million, including $2 million in principal forgiveness, 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 utah_water_quality_board_minutes_april_2020.pdf (Minutes), dated April 22, 2020 from Utah Water Quality Board | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Provo City hold?
Provo City 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 Utah Water Quality Board | State of Utah currently buying?
Explore Utah Water Quality Board | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.