FINANCIAL_SERVICESPENDING

UW to increase letters of credit for CarbonSAFE wells

The University of Wyoming Board of Trustees will consider increasing two letters of credit with First Interstate Bank to approximately $490,000 total to satisfy updated Wyoming DEQ financial assurance requirements for two Class I UIC wells under the CarbonSAFE project. The action authorizes administration to execute all necessary banking documents.

Status
PENDING
Document date
August 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Interstate Bank
Agency
University of Wyoming BOT|Biennium Budget Committee · WY

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Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Increase to approximately $245,000 for UW PRB#1 and $245,000 for UW PRB#2 (total approximately $490,000)
Contract type
FINANCIAL_SERVICES
Renewal
Existing letters of credit, originally approved June 2021 and amended in May 2023, July 2024, and May 2025, are to be increased again to reflect current DEQ plug and abandon cost estimates.
Document type
Agenda
Source document
University of Wyoming Board of Trustees Budget Committee Agenda 2026-08-06

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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 Wyoming BOT|Biennium Budget Committee?

First Interstate Bank was awarded this financial services contract by University of Wyoming BOT|Biennium Budget Committee, as recorded on August 5, 2026. The contract value is Increase to approximately $245,000 for UW PRB#1 and $245,000 for UW PRB#2 (total approximately $490,000).

How much is the First Interstate Bank contract with University of Wyoming BOT|Biennium Budget Committee worth?

The First Interstate Bank contract with University of Wyoming BOT|Biennium Budget Committee is valued at Increase to approximately $245,000 for UW PRB#1 and $245,000 for UW PRB#2 (total approximately $490,000), 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 University of Wyoming Board of Trustees Budget Committee Agenda 2026-08-06 (Agenda), dated August 5, 2026 from University of Wyoming BOT|Biennium Budget Committee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Interstate Bank hold?

First Interstate Bank 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 First Interstate Bank's profile

What is University of Wyoming BOT|Biennium Budget Committee currently buying?

Explore University of Wyoming BOT|Biennium Budget Committee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View University of Wyoming BOT|Biennium Budget Committee's profile

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