CONTRACTAPPROVED

City of Houma Awards Financial Services Contract to D. A. Davidson & Company (August 2025)

City of Houma logoCity of Houma
Disclosed value
Underwriter discount not to exceed 0.8% of par amount of bonds
From minutes
Approved
Aug 27, 2025

The 30-second brief

What it covers

Terrebonne Parish Council selected D. A. Davidson and Company as underwriter for up to $25 million in public improvement revenue bonds. The firm will market and purchase the bonds with compensation capped at 0.8% of the par amount.

Who holds it

D. A. Davidson & Company holds this financial services contract with City of Houma. Its other public contracts on record include work for Hood Canal School District and Blankenship Rural Fire District.

What happens next

Term as filed: For underwriting of the $25,000,000 bond issuance.

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Contract details

Contract type
Financial Services
Amount
Underwriter discount not to exceed 0.8% of par amount of bonds
Document date
August 27, 2025
Term
For underwriting of the $25,000,000 bond issuance
Source document
Terrebonne Parish Council Meeting Minutes August 2025 (Minutes)

D. A. Davidson & Company's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Houma?

D. A. Davidson & Company was awarded this financial services contract by City of Houma, as recorded on August 27, 2025. The contract value is Underwriter discount not to exceed 0.8% of par amount of bonds.

How much is the D. A. Davidson & Company contract with City of Houma worth?

The D. A. Davidson & Company contract with City of Houma is valued at Underwriter discount not to exceed 0.8% of par amount of bonds, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Terrebonne Parish Council Meeting Minutes August 2025 (Minutes), dated August 27, 2025 from City of Houma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does D. A. Davidson & Company hold?

D. A. Davidson & Company 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 City of Houma currently buying?

Explore City of Houma's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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