FINANCIAL_SERVICESAPPROVED

San Francisco Public Utilities Commission Awards Financial Services Contract to Bank of America Na Bana (July 2026)

The SFPUC approved amended reimbursement and fee agreements with Bank of America, N.A. for Series A-1 and A-2 credit facilities, each up to $125 million, to support interim funding of the Power Enterprise Capital Program. The action also approves associated letters of credit and bank notes forms.

Status
APPROVED
Document date
July 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of America Na Bana
Agency
San Francisco Public Utilities Commission · CA

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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
Aggregate principal amount not to exceed $125 million for Series A-1 (exclusive of 270 days’ interest); additional $125 million for Series A-2
Contract type
FINANCIAL_SERVICES
Renewal
Third Amendment for Series A-1 and First Amendment for Series A-2 update existing reimbursement and fee agreements.
Document type
Resolution
Source document
San Francisco Public Utilities Commission Resolution Log 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Francisco Public Utilities Commission?

Bank of America Na Bana was awarded this financial services contract by San Francisco Public Utilities Commission, as recorded on July 15, 2026. The contract value is Aggregate principal amount not to exceed $125 million for Series A-1 (exclusive of 270 days’ interest); additional $125 million for Series A-2.

How much is the Bank of America Na Bana contract with San Francisco Public Utilities Commission worth?

The Bank of America Na Bana contract with San Francisco Public Utilities Commission is valued at Aggregate principal amount not to exceed $125 million for Series A-1 (exclusive of 270 days’ interest); additional $125 million for Series A-2, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in San Francisco Public Utilities Commission Resolution Log 2026-07-15 (Resolution), dated July 15, 2026 from San Francisco Public Utilities Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America Na Bana hold?

Bank of America Na Bana 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 Bank of America Na Bana's profile

What is San Francisco Public Utilities Commission currently buying?

Explore San Francisco Public Utilities Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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