California Enterprise Development Authority Awards Financial Services Contract to Farmers & Merchants Bank of Central California (November 2022)

Scope & details

The full contract record, as filed.

Contract amount

Up to $14,500,000 principal (Authority Loan), finance charge estimated $186,250

Contract type

FINANCIAL_SERVICES

Renewal

Private placement Authority Loan; estimated interest cost and payment schedule disclosed, but no explicit renewal or extension options specified.

Document type

AgendaPacket

Source document

California Enterprise Development Authority Regular Meeting Agenda Packet November 2022

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by California Enterprise Development Authority?

Farmers & Merchants Bank of Central California was awarded this financial services contract by California Enterprise Development Authority, as recorded on November 10, 2022. The contract value is Up to $14,500,000 principal (Authority Loan), finance charge estimated $186,250.

How much is the Farmers & Merchants Bank of Central California contract with California Enterprise Development Authority worth?

The Farmers & Merchants Bank of Central California contract with California Enterprise Development Authority is valued at Up to $14,500,000 principal (Authority Loan), finance charge estimated $186,250, 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 Enterprise Development Authority Regular Meeting Agenda Packet November 2022 (AgendaPacket), dated November 10, 2022 from California Enterprise Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers & Merchants Bank of Central California hold?

Farmers & Merchants Bank of Central California 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 Farmers & Merchants Bank of Central California's profile

What is California Enterprise Development Authority currently buying?

Explore California Enterprise Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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