Drinking Water SRF Loan

The Drinking Water State Revolving Fund Loan Agreement, identified by solicitation number Y1845 and project number DW530940, is a planning, design, and construction financing arrangement between the Florida Department of Environmental Protection and the City of Eagle Lake. This award provides critical funding for the rehabilitation of a water production facility that sustained damage during Hurricanes Helene and Milton. The agreement establishes the framework for loan disbursement and includes provisions for principal forgiveness, while requiring strict adherence to federal and state mandates, specifically the Davis-Bacon Act and American Iron and Steel standards. Administrative oversight for the project is managed by the Florida Department of Environmental Protection, with Peter Fasano serving as the designated project manager as of October 6, 2026. The contract ensures that the necessary infrastructure improvements are implemented to restore and secure the drinking water supply for the City of Eagle Lake in compliance with all regulatory specifications.