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City of Keego Harbor Awards $2,000,000 Investment Contract to MBIA (January 2025)

City of Keego Harbor logoCity of Keego Harbor
Disclosed value
$2,000,000
From meeting minutes
Approved
Jan 16, 2025

The 30-second brief

What it covers

City invests $2,000,000 at 4.68% in Michigan CLASS investment pool, managed by MBIA, aiming for safe and efficient fund growth.

Who holds it

MBIA holds this investment contract with City of Keego Harbor. Its other public contracts on record include work for Weatherford Independent School District and Portville Central School District.

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Contract details

Contract type
Investment
Amount
$2,000,000
Document date
January 16, 2025
Term
NA
Vendor
MBIA
Agency
City of Keego Harbor
Source document
city-of-keego-harbor-meeting-minutes-2025-01-16_2a2.pdf (Meeting Minutes)

MBIA's other public contracts

Weatherford Independent School District, TexasDistrict Reports MBIA General Fund Investment Holdings · Aug 31, 2026UndisclosedWeatherford Independent School District, TexasDistrict Reports MBIA Interest And Sinking Fund Investment · Aug 31, 2026UndisclosedWeatherford Independent School District, TexasWeatherford ISD Reports MBIA General Fund Investment · Jul 31, 2026Weatherford Independent School District, TexasWeatherford ISD Reports MBIA I&S Fund Investment · Jul 31, 2026Portville Central School District, New YorkMBIA Designated as District Funds Depository · Jul 7, 2026UndisclosedAll MBIA contractsVendor profile

More City of Keego Harbor contracts

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Questions about this contract

Who was awarded the investment contract by City of Keego Harbor?

MBIA was awarded this investment contract by City of Keego Harbor, as recorded on January 16, 2025. The contract value is $2,000,000.

How much is the MBIA contract with City of Keego Harbor worth?

The MBIA contract with City of Keego Harbor is valued at $2,000,000, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-keego-harbor-meeting-minutes-2025-01-16_2a2.pdf (Meeting Minutes), dated January 16, 2025 from City of Keego Harbor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does MBIA hold?

MBIA 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 City of Keego Harbor currently buying?

Explore City of Keego Harbor's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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