CONTRACTPENDING

GRU explores extension of Barclays liquidity facilities

City of Gainesville logoCity of Gainesville
Document date
Dec 6, 2023

The 30-second brief

What it covers

The Gainesville Regional Utilities Authority is considering negotiations with Barclays to extend existing liquidity facilities backing GRU’s Series 2005C, 2006A, and 2012B variable rate demand bonds beyond their May 2024 termination. The Authority will simultaneously issue an RFP for alternative providers and authorize broader actions regarding credit enhancement facilities and lines of credit.

Who holds it

BARCLAYS holds this financial services contract with City of Gainesville. Its other public contracts on record include work for New Mexico State Board of Finance | State of New Mexico and Los Angeles County Sanitation Districts.

What happens next

Term as filed: Liquidity facilities for Series 2005C, 2006A and 2012B bonds with scheduled termination dates in May 2024; potential extension term not specified.

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Contract details

Contract type
Financial Services
Document date
December 6, 2023
Term
Liquidity facilities for Series 2005C, 2006A and 2012B bonds with scheduled termination dates in May 2024; potential extension term not specified
Vendor
BARCLAYS
Source document
City of Gainesville Agenda Gainesville Regional Utilities Authority Agenda 2023-12-06 (Agenda)

BARCLAYS's other public contracts

More City of Gainesville contracts

Questions about this contract

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

BARCLAYS was awarded this financial services contract by City of Gainesville, as recorded on December 6, 2023.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Gainesville Agenda Gainesville Regional Utilities Authority Agenda 2023-12-06 (Agenda), dated December 6, 2023 from City of Gainesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BARCLAYS hold?

BARCLAYS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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