CONTRACTAPPROVED

California Community Choice Financing Authority Awards Financial Services Contract to Municipal Capital Markets Group Inc (July 2024)

California Community Choice Financing Authority
Disclosed value
Approximately $10,500,000 in estimated fees and third-party charges per single bond issue, including approximately $7,500,000 in underwriters’ compensation and $3,000,000 in issuance costs
From agendapacket
Approved
Jul 25, 2024

The 30-second brief

What it covers

CCCFA relied on Municipal Capital Markets Group, Inc. for required good-faith estimates supporting up to three Clean Energy Project Revenue Bond transactions. Each issue is estimated at $1.5 billion in principal with approximately $10.5 million in fees and charges.

Who holds it

Municipal Capital Markets Group Inc holds this financial services contract with California Community Choice Financing Authority. Its other public contracts on record include work for Tri-City Regional Sanitary District and NYC-Build NYC Resource Corporation.

What happens next

Term as filed: Through the applicable bond issuance and repayment period; total payment estimated through the Mandatory Purchase Date.

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Contract details

Contract type
Financial Services
Amount
Approximately $10,500,000 in estimated fees and third-party charges per single bond issue, including approximately $7,500,000 in underwriters’ compensation and $3,000,000 in issuance costs
Document date
July 25, 2024
Term
Through the applicable bond issuance and repayment period; total payment estimated through the Mandatory Purchase Date
Source document
California Community Choice Financing Authority AgendaPacket 2024-07-25 (AgendaPacket)

Municipal Capital Markets Group Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by California Community Choice Financing Authority?

Municipal Capital Markets Group Inc was awarded this financial services contract by California Community Choice Financing Authority, as recorded on July 25, 2024. The contract value is Approximately $10,500,000 in estimated fees and third-party charges per single bond issue, including approximately $7,500,000 in underwriters’ compensation and $3,000,000 in issuance costs.

How much is the Municipal Capital Markets Group Inc contract with California Community Choice Financing Authority worth?

The Municipal Capital Markets Group Inc contract with California Community Choice Financing Authority is valued at Approximately $10,500,000 in estimated fees and third-party charges per single bond issue, including approximately $7,500,000 in underwriters’ compensation and $3,000,000 in issuance costs, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in California Community Choice Financing Authority AgendaPacket 2024-07-25 (AgendaPacket), dated July 25, 2024 from California Community Choice Financing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Municipal Capital Markets Group Inc hold?

Municipal Capital Markets Group Inc 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 California Community Choice Financing Authority currently buying?

Explore California Community Choice Financing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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