Town of Hastings Awards $1,690,304 Letter Of Credit Contract to Five Points Bank (September 2025)
- Disclosed value
- $1,690,304.25
- From minutes
- Approved
- Sep 8, 2025
The 30-second brief
Mayor authorized to obtain and maintain a letter of credit from Five Points Bank of Hastings in the amount of $1,690,304.25 to satisfy the Performance Guarantee obligations related to Hastings Groundwater Contamination Site.
Five Points Bank holds this letter of credit contract with Town of Hastings. Its other public contracts on record include work for Springfield Platteview Community Schools and City of Torrington.
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Contract details
- Contract type
- Letter Of Credit
- Amount
- $1,690,304.25
- Document date
- September 8, 2025
- Term
- NA
- Vendor
- Five Points Bank
- Agency
- Town of Hastings
- Source document
- city-of-hastings-city-council-meeting-minutes-september-8-2025_03d.pdf (Minutes)
Five Points Bank's other public contracts
More Town of Hastings contracts
Questions about this contract
Who was awarded the letter of credit contract by Town of Hastings?
Five Points Bank was awarded this letter of credit contract by Town of Hastings, as recorded on September 8, 2025. The contract value is $1,690,304.25.
How much is the Five Points Bank contract with Town of Hastings worth?
The Five Points Bank contract with Town of Hastings is valued at $1,690,304.25, covering letter of credit work.
What type of contract is this?
This is a Letter Of Credit contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-hastings-city-council-meeting-minutes-september-8-2025_03d.pdf (Minutes), dated September 8, 2025 from Town of Hastings. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Five Points Bank hold?
Five Points 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.
What is Town of Hastings currently buying?
Explore Town of Hastings's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.