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City of Burlington Awards Financial Services Contract to Keybank NA (March 2022)

City of Burlington logoCity of Burlington
Disclosed value
Aggregate amount not to exceed $2,000,000
From resolution
Approved
Mar 21, 2022

The 30-second brief

What it covers

Burlington City Council approved entering into and renewing standby letters of credit and reimbursement agreements with KeyBank National Association for up to $2,000,000. The credit facilities will secure the City’s workers’ compensation obligations to its insurer.

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.

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Contract details

Contract type
Financial Services
Amount
Aggregate amount not to exceed $2,000,000
Document date
March 21, 2022
Vendor
Keybank NA
Agency
City of Burlington
Source document
city-of-burlington-resolution-2022-03-21_70a.pdf (Resolution)

Keybank NA's other public contracts

City of Poulsbo, WashingtonPoulsbo Makes Major Debt Payment to KeyBank · Jul 15, 2026$1MTown of Twinsburg, OhioTownship Designates KeyBank Public Depository · Jul 8, 2026Liberty Central School District, New YorkWalmart gift cards purchased via KeyBank · Jun 30, 2026$1.5KToledo Public Schools Adult And Continuing Education, OhioKeyBank Designated Active Funds Depository · May 19, 2026Toledo Public Schools Adult And Continuing Education, OhioKeyBank Approved as Interim Funds Depository · May 19, 2026All Keybank NA contractsVendor profile

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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 March 21, 2022. The contract value is Aggregate amount 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 Aggregate amount 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-2022-03-21_70a.pdf (Resolution), dated March 21, 2022 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.

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