CONTRACTREJECTED

Fifth Third’s High-Cost Bid Not Accepted

Cambridge-Isanti Public School District logoCambridge-Isanti Public School District
Disclosed value
$27,270,000
From report
Document date
Jan 20, 2022
Term
Bid dated January 20, 2022

The 30-second brief

What it covers

Fifth Third Securities, Inc. competed to underwrite Independent School District No. 911’s $27.27 million Series 2022A GO bonds with a 1.7739% true interest cost, but the district awarded the contract to a lower-cost bidder.

Who holds it

Fifth Third Securities Inc holds this financial services contract with Cambridge-Isanti Public School District. Its other public contracts on record include work for Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) and Rockford SD 205.

What happens next

Term as filed: Bid dated January 20, 2022.

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Contract details

Contract type
Financial Services
Amount
$27,270,000
Document date
January 20, 2022
Term
Bid dated January 20, 2022
Source document
independent_school_district_no_911_sale_day_report.pdf (Report)

Fifth Third Securities Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Cambridge-Isanti Public School District?

Fifth Third Securities Inc was awarded this financial services contract by Cambridge-Isanti Public School District, as recorded on January 20, 2022. The contract value is $27,270,000.

How much is the Fifth Third Securities Inc contract with Cambridge-Isanti Public School District worth?

The Fifth Third Securities Inc contract with Cambridge-Isanti Public School District is valued at $27,270,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in independent_school_district_no_911_sale_day_report.pdf (Report), dated January 20, 2022 from Cambridge-Isanti Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fifth Third Securities Inc hold?

Fifth Third Securities 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 Cambridge-Isanti Public School District currently buying?

Explore Cambridge-Isanti Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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