CONTRACTONGOING

City engages Bank of America Merrill Lynch for POBs

City of Manhattan Beach logoCity of Manhattan Beach
Document date
Apr 20, 2021

The 30-second brief

What it covers

The City of Manhattan Beach engaged Bank of America Merrill Lynch as an underwriter to market its Pension Obligation Bonds, with bond pricing scheduled for April 27-28, 2021 and closing on May 12, 2021. The engagement supports the City's issuance of POBs to address pension liabilities.

Who holds it

Bank of America Merrill Lynch holds this financial services contract with City of Manhattan Beach. Its other public contracts on record include work for Colonial Heights City Public Schools and City of Rochester Hills.

What happens next

Term as filed: Bond pricing April 27-28, 2021; closing May 12, 2021.

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Contract details

Contract type
Financial Services
Document date
April 20, 2021
Term
Bond pricing April 27-28, 2021; closing May 12, 2021
Source document
city_of_manhattan_beach_pension_obligation_bonds_r.pdf (Resolution)

Bank of America Merrill Lynch's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Manhattan Beach?

Bank of America Merrill Lynch was awarded this financial services contract by City of Manhattan Beach, as recorded on April 20, 2021.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_manhattan_beach_pension_obligation_bonds_r.pdf (Resolution), dated April 20, 2021 from City of Manhattan Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America Merrill Lynch hold?

Bank of America Merrill Lynch 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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What is City of Manhattan Beach currently buying?

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

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