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City Recommends Six-Month BMO CD Renewal

City of Beaumont logoCity of Beaumont
Disclosed value
$1,500,000
From agendapacket
Document date
Jul 27, 2026
Term
Additional 6 months
Renews
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The 30-second brief

What it covers

City staff recommended renewing a $1.5 million BMO Harris Bank certificate of deposit for an additional six months. The renewal is expected to carry a 3.29% rate after the CD matures on August 2, 2026.

Who holds it

Bmo Harris Bank holds this financial services contract with City of Beaumont. Its other public contracts on record include work for Douglas County and St. Louis Housing Authority.

What happens next

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Contract details

Contract type
Financial Services
Amount
$1,500,000
Document date
July 27, 2026
Term
Additional 6 months
Renews
On record
Vendor
Bmo Harris Bank
Agency
City of Beaumont
Source document
City of Beaumont AgendaPacket Financial and Audit Committee Meeting 2026-07-27 (AgendaPacket)

Bmo Harris Bank's other public contracts

Douglas County, WisconsinBMO Harris Bank Designated County Public Depository · Oct 27, 2026UndisclosedDouglas County, WisconsinBMO Harris Bank Designated County Depository · Oct 27, 2026UndisclosedCity of Beaumont, CaliforniaBeaumont Reports BMO Harris Certificate Holdings · Oct 25, 2026St. Louis Housing Authority, MissouriSLHA Reports Ongoing BMO Harris Banking · Oct 16, 2026UndisclosedInyo County, CaliforniaInyo County Maintains BMO Harris Banking Relationship · Oct 15, 2026$2.9MAll Bmo Harris Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Beaumont?

Bmo Harris Bank was awarded this financial services contract by City of Beaumont, as recorded on July 27, 2026. The contract value is $1,500,000.

How much is the Bmo Harris Bank contract with City of Beaumont worth?

The Bmo Harris Bank contract with City of Beaumont is valued at $1,500,000, 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 City of Beaumont AgendaPacket Financial and Audit Committee Meeting 2026-07-27 (AgendaPacket), dated July 27, 2026 from City of Beaumont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bmo Harris Bank hold?

Bmo Harris Bank 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 City of Beaumont currently buying?

Explore City of Beaumont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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