SRF loan application advanced for Holt Water Works meters
- Disclosed value
- $277,972 (requested loan principal; plus capitalized interest and loan service fee not included in principal)
- From minutes
- Document date
- Oct 14, 2024
The 30-second brief
The Walton/Okaloosa/Santa Rosa Regional Utility Authority moved to authorize submission of a Florida DEP State Revolving Fund loan application for $277,972 on behalf of Holt Water Works, Inc. to finance automatic meter reading replacements. Holt Water Works will pledge its water revenues to repay the 20-year loan, subject to Florida DEP approval and execution of loan documents.
Holt Water Works Inc holds this financial services contract with Walton / Okaloosa / Santa Rosa Regional Utility Authority. Its other public contracts on record include work for Walton-Okaloosa-Santa Rosa Regional Utility Authority.
Term as filed: 20-year amortization over the useful life of the project, with semiannual repayments; construction anticipated from October 31, 2024 to December 31, 2024.
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Contract details
- Contract type
- Financial Services
- Amount
- $277,972 (requested loan principal; plus capitalized interest and loan service fee not included in principal)
- Document date
- October 14, 2024
- Term
- 20-year amortization over the useful life of the project, with semiannual repayments; construction anticipated from October 31, 2024 to December 31, 2024
- Vendor
- Holt Water Works Inc
- Source document
- waltonokaloosasanta_rosa_regional_utility_authorit.pdf (Minutes)
Holt Water Works Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Walton / Okaloosa / Santa Rosa Regional Utility Authority?
Holt Water Works Inc was awarded this financial services contract by Walton / Okaloosa / Santa Rosa Regional Utility Authority, as recorded on October 14, 2024. The contract value is $277,972 (requested loan principal; plus capitalized interest and loan service fee not included in principal).
How much is the Holt Water Works Inc contract with Walton / Okaloosa / Santa Rosa Regional Utility Authority worth?
The Holt Water Works Inc contract with Walton / Okaloosa / Santa Rosa Regional Utility Authority is valued at $277,972 (requested loan principal; plus capitalized interest and loan service fee not included in principal), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in waltonokaloosasanta_rosa_regional_utility_authorit.pdf (Minutes), dated October 14, 2024 from Walton / Okaloosa / Santa Rosa Regional Utility Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Holt Water Works Inc hold?
Holt Water Works Inc 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 Walton / Okaloosa / Santa Rosa Regional Utility Authority currently buying?
Explore Walton / Okaloosa / Santa Rosa Regional Utility Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.