Bank of Nova Scotia LOC Supports TransAlta Contracts
University Of Illinois System OfficesHigher Ed · Urbana, IL- Disclosed value
- $25,000 letter of credit
- From report
- Document date
- Mar 31, 2023
The 30-second brief
The Bank of Nova Scotia provides a $25,000 letter of credit to secure the University of Illinois System’s electricity forward contracts with TransAlta Energy Marketing (US) Inc. This LOC supports a policy exception for a lower-rated counterparty.
Bank of Nova Scotia holds this financial services contract with University Of Illinois System Offices. Its other public contracts on record include work for Township of The North Shore and Town of Picture Butte.
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Contract details
- Contract type
- Financial Services
- Amount
- $25,000 letter of credit
- Document date
- March 31, 2023
- Vendor
- Bank of Nova Scotia
- Source document
- University of Illinois System Derivatives Dashboard Report March 2023 (Report)
Bank of Nova Scotia's other public contracts
More University Of Illinois System Offices contracts
Questions about this contract
Who was awarded the financial services contract by University Of Illinois System Offices?
Bank of Nova Scotia was awarded this financial services contract by University Of Illinois System Offices, as recorded on March 31, 2023. The contract value is $25,000 letter of credit.
How much is the Bank of Nova Scotia contract with University Of Illinois System Offices worth?
The Bank of Nova Scotia contract with University Of Illinois System Offices is valued at $25,000 letter of credit, 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 University of Illinois System Derivatives Dashboard Report March 2023 (Report), dated March 31, 2023 from University Of Illinois System Offices. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of Nova Scotia hold?
Bank of Nova Scotia 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 University Of Illinois System Offices currently buying?
Explore University Of Illinois System Offices's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.