City of Westfield city Awards Financial Services Contract to Building Corporation (April 2025)
- Disclosed value
- Not to exceed $12.5 million
- From minutes
- Approved
- Apr 28, 2025
The 30-second brief
The Westfield City Council approved a preliminary determination to enter into a lease agreement with the Building Corporation to finance Fire Station 84 through bonds up to $12.5 million at a maximum 6% interest rate. The Building Corporation will issue the bonds to fund the new station.
Building Corporation holds this financial services contract with City of Westfield city. Its other public contracts on record include work for South Montgomery Community School Corporation and Randolph Central School Corporation.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $12.5 million
- Document date
- April 28, 2025
- Vendor
- Building Corporation
- Agency
- City of Westfield city
- Source document
- city-of-westfield-city-council-meeting-minutes-april-28-2025_6b7.pdf (Minutes)
Building Corporation's other public contracts
More City of Westfield city contracts
Questions about this contract
Who was awarded the financial services contract by City of Westfield city?
Building Corporation was awarded this financial services contract by City of Westfield city, as recorded on April 28, 2025. The contract value is Not to exceed $12.5 million.
How much is the Building Corporation contract with City of Westfield city worth?
The Building Corporation contract with City of Westfield city is valued at Not to exceed $12.5 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city-of-westfield-city-council-meeting-minutes-april-28-2025_6b7.pdf (Minutes), dated April 28, 2025 from City of Westfield city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Building Corporation hold?
Building Corporation 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 Westfield city currently buying?
Explore City of Westfield city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.