City of Santa Clara Awards Financial Services Contract to Forty Niners Football Company Llc (February 2025)

The City of Santa Clara and the Santa Clara Stadium Authority executed an irrevocable guaranty agreement with Forty Niners Football Company LLC effective February 11, 2025, securing payment of Qualified Event Expenses, Stadium and Field Improvements costs, and obligations to FIFA Impacted Parties related to the 2026 FIFA World Cup. The guaranty remains in force until all underlying obligations of BAHC and ManCo under the FIFA Assignment Agreement are fully satisfied and includes interest provisions for unpaid and advance payment obligations.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective as of February 11, 2025; continuing until all guaranteed obligations under the FIFA Assignment Agreement are satisfied

Renewal

Guaranty is irrevocable and is a continuing obligation that survives expiration or termination of the FIFA Assignment Agreement, and remains in effect until all Qualified Event Expenses, FIFA Impacted Parties obligations, and Stadium/Field Improvements obligations are fully paid; obligations tied to post-termination services end if the FIFA Assignment Agreement is terminated due to City/Stadium Authority default and BAHC is relieved of reimbursement obligations for those services.

Document type

Agreement

Source document

guaranty_of_2026_fifa_world_cup_obligations.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Santa Clara?

Forty Niners Football Company Llc was awarded this financial services contract by City of Santa Clara, as recorded on February 11, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in guaranty_of_2026_fifa_world_cup_obligations.pdf (Agreement), dated February 11, 2025 from City of Santa Clara. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Forty Niners Football Company Llc hold?

Forty Niners Football Company 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.

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