City of Vestavia Hills Awards Financial Services Contract to Regions Bank (November 2026)
City of Vestavia HillsCity · Vestavia Hills, AL- Disclosed value
- Approximately $1.869 million gross cost of capital
- From agenda
- Approved
- Nov 2, 2026
The 30-second brief
Vestavia Hills approved Regions Bank's financing proposal for FY2027 capital expenditures after comparing offers from nine local financial institutions. The proposal carried an approximately $1.869 million gross cost of capital and included a project fund earning 3.5% interest.
Regions Bank holds this financial services contract with City of Vestavia Hills. Its other public contracts on record include work for Deerbrook Community Development District and Eatonton-Putnam Water And Sewer Authority.
Term as filed: Financing for FY2027 capital expenditures; three-year prepayment restriction.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Approximately $1.869 million gross cost of capital
- Document date
- November 2, 2026
- Term
- Financing for FY2027 capital expenditures; three-year prepayment restriction
- Vendor
- Regions Bank
- Agency
- City of Vestavia Hills
- Source document
- Vestavia Hills Agenda November 2, 2026 (Agenda)
Regions Bank's other public contracts
More City of Vestavia Hills contracts
Questions about this contract
Who was awarded the financial services contract by City of Vestavia Hills?
Regions Bank was awarded this financial services contract by City of Vestavia Hills, as recorded on November 2, 2026. The contract value is Approximately $1.869 million gross cost of capital.
How much is the Regions Bank contract with City of Vestavia Hills worth?
The Regions Bank contract with City of Vestavia Hills is valued at Approximately $1.869 million gross cost of capital, 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 Vestavia Hills Agenda November 2, 2026 (Agenda), dated November 2, 2026 from City of Vestavia Hills. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Regions Bank hold?
Regions Bank 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 Vestavia Hills currently buying?
Explore City of Vestavia Hills's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.