FINANCIAL_SERVICESAPPROVED

California Enterprise Development Authority Awards Financial Services Contract to Wells Fargo Bank National Association (July 2026)

The California Enterprise Development Authority authorized execution of a Financing Agreement and Assignment Agreement with Wells Fargo Bank, National Association as private placement lender for up to $60 million of Robinson Pharma project revenue bonds. Wells Fargo will purchase the bonds and receive assigned loan payments from the borrower.

Status
APPROVED
Document date
July 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wells Fargo Bank National Association
Agency
California Enterprise Development Authority · CA

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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
Not to exceed $60,000,000
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
California Enterprise Development Authority AgendaPacket Regular Meeting 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by California Enterprise Development Authority?

Wells Fargo Bank National Association was awarded this financial services contract by California Enterprise Development Authority, as recorded on July 16, 2026. The contract value is Not to exceed $60,000,000.

How much is the Wells Fargo Bank National Association contract with California Enterprise Development Authority worth?

The Wells Fargo Bank National Association contract with California Enterprise Development Authority is valued at Not to exceed $60,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Enterprise Development Authority AgendaPacket Regular Meeting 2026-07-16 (AgendaPacket), dated July 16, 2026 from California Enterprise Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wells Fargo Bank National Association hold?

Wells Fargo Bank National Association 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 Wells Fargo Bank National Association's profile

What is California Enterprise Development Authority currently buying?

Explore California Enterprise Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View California Enterprise Development Authority's profile

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