City of Grey Forest Awards Financial Services Contract to Build America Mutual (May 2026)

Grey Forest selected Build America Mutual to insure its $25 million Gas System Revenue Bonds, Series 2026, and to provide a reserve fund surety that frees up about $3.8 million in cash reserves. The bond insurance elevates the bonds’ effective rating and is expected to lower borrowing costs.

Document date · May 26, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

The surety and insurance run for the life of the Series 2026 bonds, backing scheduled debt service.

Document type

Agenda

Source document

City of Grey Forest Agenda 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Grey Forest?

Build America Mutual was awarded this financial services contract by City of Grey Forest, as recorded on May 26, 2026.

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 City of Grey Forest Agenda 2026-05-26 (Agenda), dated May 26, 2026 from City of Grey Forest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Build America Mutual hold?

Build America Mutual may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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