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Cable Joint Powers Awards Financial Services Contract to J.P. Morgan (October 2026)

Cable Joint Powers
Awarded
Oct 20, 2026
Renews
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The 30-second brief

What it covers

Palo Alto selected J.P. Morgan as underwriter for up to $100 million in tax-exempt Electric Revenue Bonds. The bonds would finance grid modernization, with the sale anticipated in January 2027 subject to City Council approval and market conditions.

Who holds it

J.P. Morgan holds this financial services contract with Cable Joint Powers. Its other public contracts on record include work for City of Palo Alto and New Mexico State Board of Finance | State of New Mexico.

What happens next

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Contract details

Contract type
Financial Services
Document date
October 20, 2026
Term
Anticipated bond sale in mid-January 2027; closing expected in late January 2027
Renews
On record
Vendor
J.P. Morgan
Agency
Cable Joint Powers
Source document
City of Palo Alto Minutes Grid Modernization and RWQCP Reserves 2026-10-20 (Minutes)

J.P. Morgan's other public contracts

City of Palo Alto, CaliforniaPalo Alto Selects J.P. Morgan for Grid Bond Underwriting · Oct 20, 2026New Mexico State Board of Finance | State of New Mexico, New MexicoJ.P. Morgan Provides State Investment Custody Reporting · Oct 20, 2026UndisclosedVirginia Treasury Board | Commonwealth of Virginia, VirginiaJ.P. Morgan Underwrites $9 Million VHDA Bonds · Oct 20, 2026$8.8MVirginia Treasury Board | Commonwealth of Virginia, VirginiaJ.P. Morgan Underwrites $33 Million VHDA Bonds · Oct 20, 2026$32.9MVirginia Treasury Board | Commonwealth of Virginia, VirginiaJ.P. Morgan Underwrites $118 Million CTB Refunding · Oct 20, 2026$118.1MAll J.P. Morgan contractsVendor profile

More Cable Joint Powers contracts

Swa Services Group IncPalo Alto Amends Janitorial Contract with SWA Services · Nov 2, 2026Graniterock CompanyPalo Alto Approves $1.2 Million Asphalt Purchase Order · Nov 2, 2026Graniterock CompanyPalo Alto Approves $1.2M Asphalt Purchase Order · Nov 2, 2026Rincon Consultants IncRincon Consultants Completed Palo Alto GHG Inventory · Nov 2, 2026UndisclosedSwa Services Group IncPalo Alto Amends Janitorial Services Contract with SWA · Nov 2, 2026All Cable Joint Powers activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Cable Joint Powers?

J.P. Morgan was awarded this financial services contract by Cable Joint Powers, as recorded on October 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Palo Alto Minutes Grid Modernization and RWQCP Reserves 2026-10-20 (Minutes), dated October 20, 2026 from Cable Joint Powers. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does J.P. Morgan hold?

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

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What is Cable Joint Powers currently buying?

Explore Cable Joint Powers's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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