CONTRACTRENEWED

Spring Oaks LOC Renewed With Anderson Brother Bank

City of Conway logoCity of Conway
Disclosed value
$360,900.00 letter of credit, reduced to $258,100.00
From minutes
Document date
Jun 6, 2024

The 30-second brief

What it covers

The City of Conway Planning Commission approved the renewal and reduction of Spring Oaks’ subdivision infrastructure letter of credit with Anderson Brother Bank, decreasing the amount from $360,900 to $258,100. The LOC will be extended one year to cover remaining work on trees, sidewalks, curb and gutter repairs, and asphalt.

Who holds it

Anderson Brother Bank holds this financial services contract with City of Conway. Its other public contracts on record include work for Town of Conway and Housing Authority Of Conway.

What happens next

Term as filed: Letter of credit extended one year from June 30, 2024.

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Contract details

Contract type
Financial Services
Amount
$360,900.00 letter of credit, reduced to $258,100.00
Document date
June 6, 2024
Term
Letter of credit extended one year from June 30, 2024
Source document
city-of-conway-planning-commission-meeting-minutes-june-6-2024_5c4.pdf (Minutes)

Anderson Brother Bank's other public contracts

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Questions about this contract

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

Anderson Brother Bank was awarded this financial services contract by City of Conway, as recorded on June 6, 2024. The contract value is $360,900.00 letter of credit, reduced to $258,100.00.

How much is the Anderson Brother Bank contract with City of Conway worth?

The Anderson Brother Bank contract with City of Conway is valued at $360,900.00 letter of credit, reduced to $258,100.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-conway-planning-commission-meeting-minutes-june-6-2024_5c4.pdf (Minutes), dated June 6, 2024 from City of Conway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Anderson Brother Bank hold?

Anderson Brother 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 Conway currently buying?

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

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