City of Torrance Awards Financial Services Contract to Bank of America (October 2026)

Scope & details

The full contract record, as filed.

Contract amount

Approximately $60,000 annually

Contract type

FINANCIAL_SERVICES

Contract term

Continued treasury services; term not specified

Renewal

Continuation of existing treasury services; renewal or extension terms were not specified.

Document type

Agenda

Source document

Torrance City Council Agenda October 06, 2026

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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 Torrance?

Bank of America was awarded this financial services contract by City of Torrance, as recorded on October 6, 2026. The contract value is Approximately $60,000 annually.

How much is the Bank of America contract with City of Torrance worth?

The Bank of America contract with City of Torrance is valued at Approximately $60,000 annually, 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 Torrance City Council Agenda October 06, 2026 (Agenda), dated October 6, 2026 from City of Torrance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America hold?

Bank of America 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 Torrance currently buying?

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

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