CONTRACTONGOING

AGM Provides Credit Enhancement for DTR Revenue Bonds

Metropolitan Washington Airports Authority (MWAA) logoMetropolitan Washington Airports Authority (MWAA)
Disclosed value
$424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2010D)
From report
Document date
Feb 1, 2023

The 30-second brief

What it covers

The Airports Authority relies on AGM to insure multiple Dulles Toll Road Revenue Bond series totaling over $1 billion in principal, including recent 2022A and 2022B issuances and the 2010D bonds. AGM’s insurance elevates these bonds’ ratings to AA by S&P and A1 by Moody’s, supporting favorable borrowing terms.

Who holds it

AGM holds this financial services contract with Metropolitan Washington Airports Authority (MWAA). Its other public contracts on record include work for Broadalbin-Perth Central School District.

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Contract details

Contract type
Financial Services
Amount
$424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2010D)
Document date
February 1, 2023
Vendor
AGM
Source document
dulles_corridor_enterprise_financial_advisors_repo.pdf (Report)

AGM's other public contracts

More Metropolitan Washington Airports Authority (MWAA) contracts

Questions about this contract

Who was awarded the financial services contract by Metropolitan Washington Airports Authority (MWAA)?

AGM was awarded this financial services contract by Metropolitan Washington Airports Authority (MWAA), as recorded on February 1, 2023. The contract value is $424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2010D).

How much is the AGM contract with Metropolitan Washington Airports Authority (MWAA) worth?

The AGM contract with Metropolitan Washington Airports Authority (MWAA) is valued at $424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2010D), 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 dulles_corridor_enterprise_financial_advisors_repo.pdf (Report), dated February 1, 2023 from Metropolitan Washington Airports Authority (MWAA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does AGM hold?

AGM 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 Metropolitan Washington Airports Authority (MWAA) currently buying?

Explore Metropolitan Washington Airports Authority (MWAA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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