City of Calumet Awards $5,467,000 Financial Services Contract to Amalgamated Bank of Chicago (October 2022)
City of CalumetCity · IA- Disclosed value
- $5,467,000
- From meeting minutes
- Approved
- Oct 13, 2022
- Term
- 6 months
The 30-second brief
The City Council authorized the issuance of Taxable Tax Anticipation Warrants in the amount of $5,467,000 in anticipation of the collection of taxes levied for the year 2021. The warrants are issued to address operational cash flow shortfalls due to delays in tax distributions.
Amalgamated Bank of Chicago holds this financial services contract with City of Calumet. Its other public contracts on record include work for Aptakisic-Tripp CCSD 102 and Kenilworth village.
Term as filed: 6 months.
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Contract details
- Contract type
- Financial Services
- Amount
- $5,467,000
- Document date
- October 13, 2022
- Term
- 6 months
- Agency
- City of Calumet
- Source document
- city-of-calumet-meeting-minutes-2022-10-13_f74.pdf (Meeting Minutes)
Amalgamated Bank of Chicago's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Calumet?
Amalgamated Bank of Chicago was awarded this financial services contract by City of Calumet, as recorded on October 13, 2022. The contract value is $5,467,000.
How much is the Amalgamated Bank of Chicago contract with City of Calumet worth?
The Amalgamated Bank of Chicago contract with City of Calumet is valued at $5,467,000, 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-calumet-meeting-minutes-2022-10-13_f74.pdf (Meeting Minutes), dated October 13, 2022 from City of Calumet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Amalgamated Bank of Chicago hold?
Amalgamated Bank of Chicago 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 Calumet currently buying?
Explore City of Calumet's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.