CONTRACTAPPROVED

California Infrastructure and Economic Development Bank (IBank) | State of California Awards Financial Services Contract to Equitable School Revolving Fund LLC (September 2026)

California Infrastructure and Economic Development Bank (IBank) | State of California logoCalifornia Infrastructure and Economic Development Bank (IBank) | State of California
Disclosed value
Not to exceed $80,000,000
From minutes
Approved
Sep 23, 2026

The 30-second brief

What it covers

The IBank Board unanimously approved up to $80 million in fixed-rate revenue bonds for Equitable School Revolving Fund, LLC. Proceeds will support loans for eligible California charter-school facilities and related refinancing and issuance costs.

Who holds it

Equitable School Revolving Fund LLC holds this financial services contract with California Infrastructure and Economic Development Bank (IBank) | State of California. Its other public contracts on record include work for Edward Hynes Charter School - Parkview and Governor's Office of Business and Economic Development | California Infrastructure and Economic Development Bank (IBank).

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Contract details

Contract type
Financial Services
Amount
Not to exceed $80,000,000
Document date
September 23, 2026
Source document
California Infrastructure and Economic Development Bank Minutes Board Meeting 2026-09-23 (Minutes)

Equitable School Revolving Fund LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California?

Equitable School Revolving Fund LLC was awarded this financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California, as recorded on September 23, 2026. The contract value is Not to exceed $80,000,000.

How much is the Equitable School Revolving Fund LLC contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?

The Equitable School Revolving Fund LLC contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at Not to exceed $80,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Minutes Board Meeting 2026-09-23 (Minutes), dated September 23, 2026 from California Infrastructure and Economic Development Bank (IBank) | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Equitable School Revolving Fund LLC hold?

Equitable School Revolving Fund 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.

What is California Infrastructure and Economic Development Bank (IBank) | State of California currently buying?

Explore California Infrastructure and Economic Development Bank (IBank) | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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