Sumitomo LOC Supports 2008-A Refunding Bonds
Irvine Ranch Water DistrictUtility District · Irvine, CA- Disclosed value
- $34,500,000
- From agenda
- Document date
- Apr 6, 2026
- Renews
- Free account
The 30-second brief
Irvine Ranch Water District continues its Series 2008-A Refunding variable-rate bonds backed by a Sumitomo letter of credit totaling $34.5 million, with weekly rate resets and LOC fees of 0.340%. The Sumitomo facility, originally issued in 2008, currently runs through March 13, 2028.
SUMITOMO holds this financial services contract with Irvine Ranch Water District. Its other public contracts on record include work for Santiago Aqueduct Commission and Fayette County.
The renewal date is on record. A free account shows it, with the renewals for every Irvine Ranch Water District contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $34,500,000
- Document date
- April 6, 2026
- Term
- April 24, 2008 – July 1, 2035; LOC reimbursement agreement dated April 1, 2011 expiring March 13, 2028
- Renews
- Free account
- Vendor
- SUMITOMO
- Source document
- Irvine Ranch Water District Finance and Personnel Committee Meeting April 7 2026 (Agenda)
SUMITOMO's other public contracts
More Irvine Ranch Water District contracts
Questions about this contract
Who was awarded the financial services contract by Irvine Ranch Water District?
SUMITOMO was awarded this financial services contract by Irvine Ranch Water District, as recorded on April 6, 2026. The contract value is $34,500,000.
How much is the SUMITOMO contract with Irvine Ranch Water District worth?
The SUMITOMO contract with Irvine Ranch Water District is valued at $34,500,000, 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 Irvine Ranch Water District Finance and Personnel Committee Meeting April 7 2026 (Agenda), dated April 6, 2026 from Irvine Ranch Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does SUMITOMO hold?
SUMITOMO 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 Irvine Ranch Water District currently buying?
Explore Irvine Ranch Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.