FINANCIAL_SERVICESAPPROVED

University Of South Alabama Awards Financial Services Contract to Bofa Securities (March 2026)

The Board authorized BofA Securities to underwrite future Series 2026 University Facilities Revenue Bonds under a Bond Purchase Agreement to finance capital improvements and refund prior bonds. The engagement covers bond sales in the public market through April 1, 2027, subject to final pricing and compliance certificates.

Status
APPROVED
Document date
March 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bofa Securities
Agency
University Of South Alabama · AL

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Applies to Series 2026 bonds sold through the public bond market up to April 1, 2027
Renewal date
2027-04-01
Renewal
Authorization to sell Series 2026 bonds through this underwriter is valid for issuances up to April 1, 2027; no automatic renewal beyond that date is stated.
Document type
Minutes
Source document
University of South Alabama Board of Trustees Minutes 2026-03-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by University Of South Alabama?

Bofa Securities was awarded this financial services contract by University Of South Alabama, as recorded on March 6, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in University of South Alabama Board of Trustees Minutes 2026-03-06 (Minutes), dated March 6, 2026 from University Of South Alabama. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bofa Securities hold?

Bofa Securities 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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