Airport Secures $400M Credit Line with Bank
Salt Lake City Department of AirportsAirport Authority · UT- Disclosed value
- $400 million
- From agenda
- Document date
- Aug 7, 2024
- Term
- 3 years
The 30-second brief
Salt Lake City International Airport secures a $400 million credit facility with Bank of America for a term of three years. The agreement allows for termination with a 30-day notice and includes specific rates for utilized and unutilized portions of the credit line.
Bank of America Corporation holds this line of credit contract with Salt Lake City Department of Airports. Its other public contracts on record include work for Lauderdale Isles Water Management District and City of Fort Lauderdale.
Term as filed: 3 years.
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Contract details
- Contract type
- Line Of Credit
- Amount
- $400 million
- Document date
- August 7, 2024
- Term
- 3 years
- Source document
- salt-lake-city-airports-advisory-board-meeting-agenda-august-7-2024_156.pdf (Agenda)
Bank of America Corporation's other public contracts
More Salt Lake City Department of Airports contracts
Questions about this contract
Who was awarded the line of credit contract by Salt Lake City Department of Airports?
Bank of America Corporation was awarded this line of credit contract by Salt Lake City Department of Airports, as recorded on August 7, 2024. The contract value is $400 million.
How much is the Bank of America Corporation contract with Salt Lake City Department of Airports worth?
The Bank of America Corporation contract with Salt Lake City Department of Airports is valued at $400 million, covering line of credit work.
What type of contract is this?
This is a Line Of Credit contract, documented as a agenda record.
Where was this contract approved?
This contract appears in salt-lake-city-airports-advisory-board-meeting-agenda-august-7-2024_156.pdf (Agenda), dated August 7, 2024 from Salt Lake City Department of Airports. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America Corporation hold?
Bank of America Corporation 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 Salt Lake City Department of Airports currently buying?
Explore Salt Lake City Department of Airports's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.