CONTRACTAPPROVED

City of Burlington Awards Financial Services Contract to Keybank NA (April 2021)

City of Burlington logoCity of Burlington
Disclosed value
Not to exceed $2,000,000 (aggregate)
From resolution
Approved
Apr 21, 2021

The 30-second brief

What it covers

The Burlington City Council approved entering into one or more standby letters of credit and reimbursement agreements with KeyBank National Association to secure the City’s workers’ compensation obligations to Travelers, in an aggregate amount not to exceed $2,000,000. City officials are authorized to execute all necessary documents to obtain, renew, or extend these credit facilities.

Who holds it

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.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Not to exceed $2,000,000 (aggregate)
Document date
April 21, 2021
Source document
city-of-burlington-resolution-2021-04-21_643.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 April 21, 2021. The contract value is Not to exceed $2,000,000 (aggregate).

How much is the Keybank NA contract with City of Burlington worth?

The Keybank NA contract with City of Burlington is valued at Not to exceed $2,000,000 (aggregate), 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-2021-04-21_643.pdf (Resolution), dated April 21, 2021 from City of Burlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

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.

Work in government? Get Civic IQ free →