Utah Transportation Commission | State of Utah Awards $700,000 Financial Services Contract to Heber Valley Railroad Authority (Hvrx) (May 2026)
Utah Transportation Commission | State of UtahState · Taylorsville, UT- Disclosed value
- $700,000
- From agendapacket
- Approved
- May 15, 2026
- Term
- 15 years
- Renews
- Free account
The 30-second brief
The Utah Transportation Commission approved a $700,000 State Infrastructure Bank loan to Heber Valley Railroad Authority for repairs to a failed retaining wall at Deer Creek Reservoir. The loan carries a 15-year term and a 3.86% interest rate, although the authority expects repayment through a 2027 legislative appropriation.
Heber Valley Railroad Authority (Hvrx) holds this financial services contract with Utah Transportation Commission | State of Utah.
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Contract details
- Contract type
- Financial Services
- Amount
- $700,000
- Document date
- May 15, 2026
- Term
- 15 years
- Renews
- Free account
- Vendor
- Heber Valley Railroad Authority (Hvrx)
- Source document
- Utah Department of Transportation AgendaPacket Utah Transportation Commission Meeting May 15 2026 (AgendaPacket)
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Questions about this contract
Who was awarded the financial services contract by Utah Transportation Commission | State of Utah?
Heber Valley Railroad Authority (Hvrx) was awarded this financial services contract by Utah Transportation Commission | State of Utah, as recorded on May 15, 2026. The contract value is $700,000.
How much is the Heber Valley Railroad Authority (Hvrx) contract with Utah Transportation Commission | State of Utah worth?
The Heber Valley Railroad Authority (Hvrx) contract with Utah Transportation Commission | State of Utah is valued at $700,000, 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 Department of Transportation AgendaPacket Utah Transportation Commission Meeting May 15 2026 (AgendaPacket), dated May 15, 2026 from Utah Transportation Commission | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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Explore Utah Transportation Commission | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.