Interest Payments Continue on BPW Loan Capital
City of HollandCity · Holland, MI- Disclosed value
- $11,126.20 YTD interest; $26,000 FY 2022 budget
- From agenda
- Document date
- Mar 16, 2022
The 30-second brief
Holland Energy Fund continues to pay interest to BPW on borrowed capital for the on-bill loan program, budgeting $26,000 in FY 2022 with $11,126.20 paid year-to-date. The interest rate is indexed to the 10-year Treasury Bill.
BPW holds this financial services contract with City of Holland. Its other public contracts on record include work for City of Beatrice and Town of East Bay.
Term as filed: Tied to 10-year Treasury Bill; rate noted as 1.65% as of May 1, 2021.
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Contract details
- Contract type
- Financial Services
- Amount
- $11,126.20 YTD interest; $26,000 FY 2022 budget
- Document date
- March 16, 2022
- Term
- Tied to 10-year Treasury Bill; rate noted as 1.65% as of May 1, 2021
- Vendor
- BPW
- Agency
- City of Holland
- Source document
- holland_energy_fund_regular_board_meeting_agenda_m.pdf (Agenda)
BPW's other public contracts
More City of Holland contracts
Questions about this contract
Who was awarded the financial services contract by City of Holland?
BPW was awarded this financial services contract by City of Holland, as recorded on March 16, 2022. The contract value is $11,126.20 YTD interest; $26,000 FY 2022 budget.
How much is the BPW contract with City of Holland worth?
The BPW contract with City of Holland is valued at $11,126.20 YTD interest; $26,000 FY 2022 budget, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in holland_energy_fund_regular_board_meeting_agenda_m.pdf (Agenda), dated March 16, 2022 from City of Holland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BPW hold?
BPW 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 Holland currently buying?
Explore City of Holland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.