FINANCIAL_SERVICESAWARDED

New Mexico State University-Dona Ana Awards Financial Services Contract to New Mexico Finance Authority (May 2026)

Doña Ana Community College District privately placed its $6,000,000 General Obligation (Limited Tax) Bonds, Series 2025 with the New Mexico Finance Authority at par to finance capital improvements and issuance costs. The bonds carry semiannual interest payments beginning February 1, 2026 and mature annually through August 1, 2037 under a Capital Projects Escrow Agreement.

Status
AWARDED
Document date
May 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
New Mexico Finance Authority
Agency
New Mexico State University-Dona Ana · NM

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$6,000,000.00 (par amount of Bonds)
Contract type
FINANCIAL_SERVICES
Contract term
Bonds dated date of issuance and delivery; mature annually August 1, 2026–August 1, 2037; interest payable semiannually beginning February 1, 2026
Renewal date
2037-08-01
Renewal
Bonds maturing on and after August 1, 2036 are optionally redeemable at par on or after October 24, 2035, in $5,000 principal units, in whole or in part, in such order of maturities as the District determines.
Document type
Agenda
Source document
DACC Single Advisory Board Meeting Agenda May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by New Mexico State University-Dona Ana?

New Mexico Finance Authority was awarded this financial services contract by New Mexico State University-Dona Ana, as recorded on May 7, 2026. The contract value is $6,000,000.00 (par amount of Bonds).

How much is the New Mexico Finance Authority contract with New Mexico State University-Dona Ana worth?

The New Mexico Finance Authority contract with New Mexico State University-Dona Ana is valued at $6,000,000.00 (par amount of Bonds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in DACC Single Advisory Board Meeting Agenda May 2026 (Agenda), dated May 7, 2026 from New Mexico State University-Dona Ana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Finance Authority hold?

New Mexico Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View New Mexico Finance Authority's profile

What is New Mexico State University-Dona Ana currently buying?

Explore New Mexico State University-Dona Ana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View New Mexico State University-Dona Ana's profile

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