BoA Disaster Recovery Line Of Credit Drawn
City of St. PetersburgCity · St. Petersburg, FL- Disclosed value
- Up to $85,000,000.00
- From agendapacket
- Document date
- Sep 10, 2026
The 30-second brief
The City used a BoA non-revolving non-ad valorem line of credit of up to $85 million for disaster recovery financing. The presentation reported $58.9 million drawn at the time of the meeting.
BOA holds this financial services contract with City of St. Petersburg. Its other public contracts on record include work for Northern Virginia Community College and City of Manassas.
Term as filed: Series 2025 non-revolving non-ad valorem letter of credit; variable rate at 80% SOFR plus 46 basis points.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $85,000,000.00
- Document date
- September 10, 2026
- Term
- Series 2025 non-revolving non-ad valorem letter of credit; variable rate at 80% SOFR plus 46 basis points
- Vendor
- BOA
- Agency
- City of St. Petersburg
- Source document
- City of St. Petersburg AgendaPacket Budget, Finance, and Taxation Committee Meeting 2026-09-10 (AgendaPacket)
BOA's other public contracts
More City of St. Petersburg contracts
Questions about this contract
Who was awarded the financial services contract by City of St. Petersburg?
BOA was awarded this financial services contract by City of St. Petersburg, as recorded on September 10, 2026. The contract value is Up to $85,000,000.00.
How much is the BOA contract with City of St. Petersburg worth?
The BOA contract with City of St. Petersburg is valued at Up to $85,000,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of St. Petersburg AgendaPacket Budget, Finance, and Taxation Committee Meeting 2026-09-10 (AgendaPacket), dated September 10, 2026 from City of St. Petersburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BOA hold?
BOA 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 St. Petersburg currently buying?
Explore City of St. Petersburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
