City of Burlington Awards Financial Services Contract to Keybank NA (April 2021)
- Disclosed value
- Not to exceed $2,000,000
- From resolution
- Approved
- Apr 26, 2021
The 30-second brief
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 liabilities to Travelers, in an aggregate amount not to exceed $2,000,000. City officials are authorized to execute, renew, and extend these credit instruments as needed.
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
- Not to exceed $2,000,000
- Document date
- April 26, 2021
- Vendor
- Keybank NA
- Agency
- City of Burlington
- Source document
- city-of-burlington-resolution-2021-04-26_edb.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 26, 2021. The contract value is Not to exceed $2,000,000.
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, 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-2021-04-26_edb.pdf (Resolution), dated April 26, 2021 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.