Letter Of Credit government contracts in Michigan
MichiganLetter Of Credit- Latest contract
- Mar 10, 2025
- 20 months ago
- Contracts
- 13
- in Michigan
- Vendors
- 8
- Disclosed value
- $29.0M
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THE 30-SECOND BRIEF
United Federal Credit holds the most letter of credit contracts (3), followed by Fifth Third Bank and Solid Waste Management.
City of Niles is the most active Michigan buyer, with 2 contracts, followed by Town of Niles and City of Riverview.
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Questions about Michigan letter of credit contracts
How many Letter Of Credit government contracts are there in Michigan?
Civic IQ tracks 13 letter of credit government contracts across 11 agencies in Michigan representing $29.0M in total contract value. These contracts span 8 vendors and cover service agreements, technology implementations, infrastructure projects, and procurement awards. Contract details including amounts, terms, and renewal dates are updated as new data becomes available.
Which vendors have letter of credit contracts in Michigan?
The leading vendors with letter of credit government contracts in Michigan include: United Federal Credit (3 contracts); Fifth Third Bank (2 contracts); Solid Waste Management (2 contracts); United Federal Credit Union (2 contracts); Delta County Landfill (1 contracts). Tracking vendor contract wins, values, and agency relationships helps you understand the competitive landscape — whether you're evaluating vendors as an agency buyer or positioning against incumbents as a competitor.
Which Michigan agencies buy letter of credit?
The most active Michigan government agencies procuring letter of credit are: City of Niles (2 contracts); Town of Niles (2 contracts); City of Riverview (1 contracts); Balance of Wexford County (1 contracts); Town of Bark River (1 contracts). Each agency manages its own procurement process and vendor relationships. Understanding which agencies are the largest buyers helps vendors prioritize outreach and tailor their proposals to specific agency needs.
How do I find letter of credit government contracts in Michigan?
Civic IQ aggregates letter of credit contract data from 11 Michigan government agencies into a single searchable database. You can browse contracts by agency, vendor, value, status, and renewal date. Beyond active contracts, Civic IQ also tracks pre-RFPs from board meetings and budget discussions — surfacing letter of credit opportunities 6–18 months before formal solicitations go live.
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What is the average value of letter of credit contracts in Michigan?
Based on tracked contract data, the average letter of credit government contract in Michigan is valued at approximately $2.2M, with 13 contracts totaling $29.0M. Individual contract values vary significantly depending on scope, agency size, and contract duration. Detailed value breakdowns by agency and vendor are available on Civic IQ.
What related contract categories are active in Michigan?
Beyond letter of credit, other active government contract categories in Michigan include Professional Services, Other, Supplies, Maintenance, and Construction. Agencies often procure across multiple categories simultaneously — a city upgrading its IT infrastructure may also issue contracts for professional services, facilities maintenance, and cybersecurity. Tracking related categories helps you identify cross-selling opportunities and understand the full procurement landscape.
