FINANCIAL_SERVICESRECOMMENDED

Commission Asked to Approve $1.4M SIB Loan to Woodland Hills

The Utah Transportation Commission is asked to approve a $1,400,000 State Infrastructure Bank loan to Woodland Hills City for a 10-year term at 3.48% interest. The financing will support asphalt pavement rehabilitation on local roads as part of the city’s pavement preservation program.

Status
RECOMMENDED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Woodland Hills
Agency
Utah Department of Transportation · UT

Trusted by teams at

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
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
$1,400,000
Contract type
FINANCIAL_SERVICES
Contract term
10 year term; payout expected 9/1/2026; annual payments due September 1, 2027–2036 at 3.48% interest
Renewal date
2036-09-01
Renewal
Single 10-year loan amortized with annual payments through 9/1/2036; no renewal terms mentioned.
Document type
AgendaPacket
Source document
Utah Transportation Commission AgendaPacket Staff Update Meeting 2026-08-13

Related contracts

Other contracts from Woodland Hills.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Utah Department of Transportation?

Woodland Hills was awarded this financial services contract by Utah Department of Transportation, as recorded on August 13, 2026. The contract value is $1,400,000.

How much is the Woodland Hills contract with Utah Department of Transportation worth?

The Woodland Hills contract with Utah Department of Transportation is valued at $1,400,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Utah Transportation Commission AgendaPacket Staff Update Meeting 2026-08-13 (AgendaPacket), dated August 13, 2026 from Utah Department of Transportation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Woodland Hills hold?

Woodland Hills 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 Woodland Hills's profile

What is Utah Department of Transportation currently buying?

Explore Utah Department of Transportation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Utah Department of Transportation's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free