CONTRACTAWARDED

City of New Orleans Awards $50,000,000 Financial Services Contract to J. P. Morgan Securities LLC (September 2019)

City of New Orleans logoCity of New Orleans
Disclosed value
$50,000,000.00
From agenda
Awarded
Sep 19, 2019

The 30-second brief

What it covers

The Board of Liquidation, City Debt awarded underwriting of $50 million in Taxable Public Improvement Bonds, Issue of 2019 to J. P. Morgan Securities, LLC. J. P. Morgan submitted the lowest True Interest Cost bid at 2.381626%.

Who holds it

J. P. Morgan Securities LLC holds this financial services contract with City of New Orleans. Its other public contracts on record include work for City of Wichita and North Carolina Medical Care Commission | State of North Carolina.

What happens next

Term as filed: Taxable Public Improvement Bonds, Issue of 2019.

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Contract details

Contract type
Financial Services
Amount
$50,000,000.00
Document date
September 19, 2019
Term
Taxable Public Improvement Bonds, Issue of 2019
Source document
City of New Orleans Council Meeting Agenda September 19 2019 (Agenda)

J. P. Morgan Securities LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of New Orleans?

J. P. Morgan Securities LLC was awarded this financial services contract by City of New Orleans, as recorded on September 19, 2019. The contract value is $50,000,000.00.

How much is the J. P. Morgan Securities LLC contract with City of New Orleans worth?

The J. P. Morgan Securities LLC contract with City of New Orleans is valued at $50,000,000.00, covering financial services work.

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 New Orleans Council Meeting Agenda September 19 2019 (Agenda), dated September 19, 2019 from City of New Orleans. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does J. P. Morgan Securities LLC hold?

J. P. Morgan Securities LLC 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 New Orleans currently buying?

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

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