FINANCIAL_SERVICESONGOING

Conduit Bonds for Private Projects Administered by Third Parties

Summit County acts as a conduit issuer for private-sector industrial revenue bonds, with administration handled by third-party bond trustees or administrators. Outstanding principal totals $15.4 million as of year-end.

Status
ONGOING
Document date
December 31, 2024
Contract type
FINANCIAL_SERVICES
Vendor
Third-party Administrators
Agency
Summit County · UT

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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
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 $15,353,138 (private bonds)
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing; until maturity of bonds
Renewal
Bond trustees/administrators serve for the duration of each bond issue, until final maturity or project repayment.
Document type
Report
Source document
summit-county-financial-statements-december-31-2024_3d2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Summit County?

Third-party Administrators was awarded this financial services contract by Summit County, as recorded on December 31, 2024. The contract value is Aggregate principal $15,353,138 (private bonds).

How much is the Third-party Administrators contract with Summit County worth?

The Third-party Administrators contract with Summit County is valued at Aggregate principal $15,353,138 (private bonds), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in summit-county-financial-statements-december-31-2024_3d2.pdf (Report), dated December 31, 2024 from Summit County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Third-party Administrators hold?

Third-party Administrators 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 Third-party Administrators's profile

What is Summit County currently buying?

Explore Summit County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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