FINANCIAL_SERVICESRECOMMENDED

IEPA Loan Recommended for Lead Line Replacement

The Committee recommended authorizing a Public Water Supply Loan Program agreement with the Illinois Environmental Protection Agency. Western Springs seeks up to $1.342 million for replacement of up to 47 residential lead service lines, with a 20-year loan maturity.

Document date · October 5, 2026

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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
Up to $1,342,000 aggregate principal amount; ordinance section 2 separately states authorization not to exceed $1,100,381.15
Contract type
FINANCIAL_SERVICES
Contract term
20-year loan maturity
Renewal
Loan agreement; 20-year maturity with semiannual principal and interest payments. No renewal option stated.
Document type
AgendaPacket
Source document
Village of Western Springs AgendaPacket Public Works and Water Committee 2026-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Western Springs village (pt.)?

Illinois Environmental Protection Agency was awarded this financial services contract by Western Springs village (pt.), as recorded on October 5, 2026. The contract value is Up to $1,342,000 aggregate principal amount; ordinance section 2 separately states authorization not to exceed $1,100,381.15.

How much is the Illinois Environmental Protection Agency contract with Western Springs village (pt.) worth?

The Illinois Environmental Protection Agency contract with Western Springs village (pt.) is valued at Up to $1,342,000 aggregate principal amount; ordinance section 2 separately states authorization not to exceed $1,100,381.15, 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 Village of Western Springs AgendaPacket Public Works and Water Committee 2026-10-06 (AgendaPacket), dated October 5, 2026 from Western Springs village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Illinois Environmental Protection Agency hold?

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