FINANCIAL_SERVICESREJECTED

Jefferies unsuccessful in bid for 2026F bond issue

Jefferies LLC bid to underwrite $543.27 million of Washington’s Motor Vehicle Fuel Tax and Vehicle Related Fees General Obligation Bonds, Series 2026F, was not selected. The firm offered to pay about $594.57 million with a TIC of 4.119699, which was higher than the winning bid.

Status
REJECTED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Jefferies Llc
Agency
Office of the Washington State Treasurer · WA

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$543,270,000 (bid price $594,572,481.14; premium $51,302,481.14)
Contract type
FINANCIAL_SERVICES
Contract term
Proposed bonds maturing annually June 1, 2027 through June 1, 2051
Renewal
Single competitive underwriting bid for Series 2026F Bonds; proposal not awarded and will not be renewed.
Document type
Resolution
Source document
State Finance Committee Resolution 1314 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Office of the Washington State Treasurer?

Jefferies Llc was awarded this financial services contract by Office of the Washington State Treasurer, as recorded on June 16, 2026. The contract value is $543,270,000 (bid price $594,572,481.14; premium $51,302,481.14).

How much is the Jefferies Llc contract with Office of the Washington State Treasurer worth?

The Jefferies Llc contract with Office of the Washington State Treasurer is valued at $543,270,000 (bid price $594,572,481.14; premium $51,302,481.14), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in State Finance Committee Resolution 1314 2026-06-16 (Resolution), dated June 16, 2026 from Office of the Washington State Treasurer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jefferies Llc hold?

Jefferies Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jefferies Llc's profile

What is Office of the Washington State Treasurer currently buying?

Explore Office of the Washington State Treasurer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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