Burlington renews workers’ comp letter of credit with KeyBank
City of BurlingtonCity · Burlington, VT- Disclosed value
- Aggregate amount not to exceed $1,850,000
- From resolution
- Document date
- Jul 13, 2020
The 30-second brief
The City of Burlington approved renewal and continuation of standby letters of credit and reimbursement agreements with KeyBank N.A. in an aggregate amount not to exceed $1,850,000 to secure its workers' compensation obligations. City officials are authorized to execute all necessary documents to obtain, renew, or extend these credit facilities.
Keybank NA holds this financial services contract with City of Burlington. Its other public contracts on record include work for City of Poulsbo and Town of Twinsburg.
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Contract details
- Contract type
- Financial Services
- Amount
- Aggregate amount not to exceed $1,850,000
- Document date
- July 13, 2020
- Vendor
- Keybank NA
- Agency
- City of Burlington
- Source document
- city-of-burlington-resolution-2020-07-13_405.pdf (Resolution)
Keybank NA's other public contracts
More City of Burlington contracts
Questions about this contract
Who was awarded the financial services contract by City of Burlington?
Keybank NA was awarded this financial services contract by City of Burlington, as recorded on July 13, 2020. The contract value is Aggregate amount not to exceed $1,850,000.
How much is the Keybank NA contract with City of Burlington worth?
The Keybank NA contract with City of Burlington is valued at Aggregate amount not to exceed $1,850,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city-of-burlington-resolution-2020-07-13_405.pdf (Resolution), dated July 13, 2020 from City of Burlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Keybank NA hold?
Keybank NA 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 Burlington currently buying?
Explore City of Burlington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.