FINANCIAL_SERVICESONGOING

Bank of America CD Strengthens PRWA Investment Mix

Palmdale Recycled Water Authority holds a $250,000 Bank of America certificate of deposit at 3.90% interest, maturing November 13, 2026. This CD diversifies PRWA’s investment portfolio alongside U.S. Government Securities.

Status
ONGOING
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of America
Agency
Palmdale Recycled Water Authority · 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
Face value $250,000 (market value $249,887.50)
Contract type
FINANCIAL_SERVICES
Contract term
Maturity date November 13, 2026
Renewal date
2026-11-13
Renewal
Certificate of deposit will mature on November 13, 2026; PRWA can renew, roll over, or redeem at that time.
Document type
AgendaPacket
Source document
Palmdale Recycled Water Authority Agenda Packet 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Palmdale Recycled Water Authority?

Bank of America was awarded this financial services contract by Palmdale Recycled Water Authority, as recorded on July 20, 2026. The contract value is Face value $250,000 (market value $249,887.50).

How much is the Bank of America contract with Palmdale Recycled Water Authority worth?

The Bank of America contract with Palmdale Recycled Water Authority is valued at Face value $250,000 (market value $249,887.50), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Palmdale Recycled Water Authority Agenda Packet 2026-07-20 (AgendaPacket), dated July 20, 2026 from Palmdale Recycled Water Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America hold?

Bank of America 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's profile

What is Palmdale Recycled Water Authority currently buying?

Explore Palmdale Recycled Water Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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