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Carter County Awards Financial Services Contract to Baptist Healthcare System Obligated Group (May 2020)

Carter County logoCarter County
Disclosed value
Not to exceed $450,000,000
From minutes
Approved
May 28, 2020

The 30-second brief

What it covers

The Kentucky Economic Development Finance Authority approved an inducement resolution for up to $450 million in healthcare facilities revenue bonds for Baptist Healthcare System Obligated Group to refund prior KEDFA hospital bond issues and cover issuance costs. The bonds will be issued as conduit debt following TEFRA hearing and local jurisdiction referrals.

Who holds it

Baptist Healthcare System Obligated Group holds this financial services contract with Carter County.

What happens next

Term as filed: 2020B Bonds refunding 2009B and 2011 issues.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $450,000,000
Document date
May 28, 2020
Term
2020B Bonds refunding 2009B and 2011 issues
Vendor
Baptist Healthcare System Obligated Group
Agency
Carter County
Source document
kedfa_special_board_meeting_minutes_may_2020.pdf (Minutes)

Baptist Healthcare System Obligated Group's other public contracts

Carter County, KentuckyKEDFA Considers $284M Baptist Hospital Refunding Bonds · Feb 24, 2022$284.4MCarter County, KentuckyKEDFA Approves $450M Bonds For Baptist Healthcare · May 28, 2020All Baptist Healthcare System Obligated Group contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Carter County?

Baptist Healthcare System Obligated Group was awarded this financial services contract by Carter County, as recorded on May 28, 2020. The contract value is Not to exceed $450,000,000.

How much is the Baptist Healthcare System Obligated Group contract with Carter County worth?

The Baptist Healthcare System Obligated Group contract with Carter County is valued at Not to exceed $450,000,000, 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 kedfa_special_board_meeting_minutes_may_2020.pdf (Minutes), dated May 28, 2020 from Carter County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Baptist Healthcare System Obligated Group hold?

Baptist Healthcare System Obligated Group 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 Carter County currently buying?

Explore Carter County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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