CONTRACTAPPROVED

Commonwealth of Pennsylvania Awards Financial Services Contract to Bofa Securities Inc (April 2026)

Commonwealth of Pennsylvania logoCommonwealth of Pennsylvania
Disclosed value
Up to $500,000,000 in Revenue Bonds
From minutes
Approved
Apr 23, 2026
Term
Bond term not to exceed 40 years
Renews
Free account

The 30-second brief

What it covers

The Pennsylvania Higher Educational Facilities Authority approved up to $500 million in revenue bonds for the University of Pennsylvania Health System, with BofA Securities, Inc. serving as lead underwriter. The financing will refund certain prior bonds and cover issuance costs, with bonds carrying terms of up to 40 years.

Who holds it

Bofa Securities Inc holds this financial services contract with Commonwealth of Pennsylvania. Its other public contracts on record include work for Board Of Water Commisioners Retirement Plan Trust Fund and City of Raleigh.

What happens next

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Contract details

Contract type
Financial Services
Amount
Up to $500,000,000 in Revenue Bonds
Document date
April 23, 2026
Term
Bond term not to exceed 40 years
Renews
On record
Source document
Pennsylvania Higher Educational Facilities Authority Minutes Board Meeting April 23, 2026 (Minutes)

Bofa Securities Inc's other public contracts

More Commonwealth of Pennsylvania contracts

Questions about this contract

Who was awarded the financial services contract by Commonwealth of Pennsylvania?

Bofa Securities Inc was awarded this financial services contract by Commonwealth of Pennsylvania, as recorded on April 23, 2026. The contract value is Up to $500,000,000 in Revenue Bonds.

How much is the Bofa Securities Inc contract with Commonwealth of Pennsylvania worth?

The Bofa Securities Inc contract with Commonwealth of Pennsylvania is valued at Up to $500,000,000 in Revenue Bonds, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Pennsylvania Higher Educational Facilities Authority Minutes Board Meeting April 23, 2026 (Minutes), dated April 23, 2026 from Commonwealth of Pennsylvania. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bofa Securities Inc hold?

Bofa Securities 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.

What is Commonwealth of Pennsylvania currently buying?

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

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