CONTRACTAPPROVED

City of Benton Awards $13,000,000 Financial Services Contract to Cedar Valley Bank & Trust (February 2023)

City of Benton logoCity of Benton
Disclosed value
$13,000,000
From meeting minutes
Approved
Feb 28, 2023
Term
fiscal year 2023

The 30-second brief

What it covers

Cedar Valley Bank & Trust received approval to hold up to $13 million in county deposits during FY2023.

Who holds it

Cedar Valley Bank & Trust holds this financial services contract with City of Benton. Its other public contracts on record include work for Benton County and City of La Porte.

What happens next

Term as filed: fiscal year 2023.

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Contract details

Contract type
Financial Services
Amount
$13,000,000
Document date
February 28, 2023
Term
fiscal year 2023
Vendor
Cedar Valley Bank & Trust
Source document
city-of-bentonmeeting-minutes-2023-02-28_705.pdf (Meeting Minutes)

Cedar Valley Bank & Trust's other public contracts

More City of Benton contracts

Questions about this contract

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

Cedar Valley Bank & Trust was awarded this financial services contract by City of Benton, as recorded on February 28, 2023. The contract value is $13,000,000.

How much is the Cedar Valley Bank & Trust contract with City of Benton worth?

The Cedar Valley Bank & Trust contract with City of Benton is valued at $13,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-bentonmeeting-minutes-2023-02-28_705.pdf (Meeting Minutes), dated February 28, 2023 from City of Benton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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