City of Sierra Vista Awards Financial Services Contract to Herbert J. Sims & Co Inc (May 2026)

Sierra Vista approved the sale of its Education Facility Revenue Refunding Bonds for The Paideia Academies Project through Herbert J. Sims & Co., Inc. The underwriter will publicly sell the unrated bonds, authorized up to $26 million by the City and up to $30 million by the Authority, with maturities of up to 40 years.

Document date · May 28, 2026

Track City of Sierra Vista contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Sierra Vista.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $26,000,000 under City approval; not to exceed $30,000,000 under Authority authorization

Contract type

FINANCIAL_SERVICES

Contract term

Bonds may mature no later than 40 years after the Closing Date

Document type

Resolution

Source document

Industrial Development Authority of the City of Sierra Vista Resolution Resolution 2026-037 Authorizing Education Facility Revenue Refunding Bonds 2026-05-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Sierra Vista?

Herbert J. Sims & Co Inc was awarded this financial services contract by City of Sierra Vista, as recorded on May 28, 2026. The contract value is Not to exceed $26,000,000 under City approval; not to exceed $30,000,000 under Authority authorization.

How much is the Herbert J. Sims & Co Inc contract with City of Sierra Vista worth?

The Herbert J. Sims & Co Inc contract with City of Sierra Vista is valued at Not to exceed $26,000,000 under City approval; not to exceed $30,000,000 under Authority authorization, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Industrial Development Authority of the City of Sierra Vista Resolution Resolution 2026-037 Authorizing Education Facility Revenue Refunding Bonds 2026-05-28 (Resolution), dated May 28, 2026 from City of Sierra Vista. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Herbert J. Sims & Co Inc hold?

Herbert J. Sims & Co Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Herbert J. Sims & Co Inc's profile

What is City of Sierra Vista currently buying?

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

View City of Sierra Vista's profile