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FHN Financial misses on Grimes bond bid

City of Grimes
Disclosed value
$11,419,678.05 plus accrued interest
From bid form
Document date
Apr 22, 2025
Renews
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The 30-second brief

What it covers

FHN Financial Capital Markets submitted a competitive bid for the Grimes bond sale but was not awarded the underwriting.

Who holds it

Fhn Financial Capital Markets holds this financial services contract with City of Grimes. Its other public contracts on record include work for Wharton County Junior College and Coupland Independent School District.

What happens next

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Contract details

Contract type
Financial Services
Amount
$11,419,678.05 plus accrued interest
Document date
April 22, 2025
Term
Bonds maturing annually 06/01/2026–06/01/2041
Renews
On record
Vendor
Fhn Financial Capital Markets
Agency
City of Grimes
Source document
city-of-grimes-bond-offering-bids-april-22-2025_b8c.pdf (Bid Form)

Fhn Financial Capital Markets's other public contracts

Wharton County Junior College, TexasInvestment Broker List Includes FHN Financial Capital Markets · Oct 19, 2026UndisclosedCoupland Independent School District, TexasSeries 2026 Bond Sale Awarded to FHN Financial · Oct 19, 2026GABE P ALLEN NEW TECH ACADEMY, TexasFHN Financial Listed for Fiscal Year Approval · Oct 9, 2026UndisclosedCoupland Independent School District, TexasCoupland Awards Bond Sale to FHN Financial · Sep 28, 2026UndisclosedCoupland Independent School District, TexasCoupland Awards Series 2026 Bonds to FHN Financial · Sep 28, 2026UndisclosedAll Fhn Financial Capital Markets contractsVendor profile

More City of Grimes contracts

Play-pro RecreationPlay-Pro Recreation Recommended for Playground Project · Oct 28, 2026$235.6KRainbow of the HeartlandRainbow of the Heartland Playground Proposal Reviewed · Oct 28, 2026$174.5KMidwest PlayscapesMidwest Playscapes Playground Proposal Reviewed · Oct 28, 2026$249.8KCrouch RecreationCrouch Recreation Playground Proposal Reviewed · Oct 28, 2026$218.6KNelson Construction Services LLCNelson Construction Building Payment Scheduled · Oct 27, 2026$150KAll City of Grimes activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Grimes?

Fhn Financial Capital Markets was awarded this financial services contract by City of Grimes, as recorded on April 22, 2025. The contract value is $11,419,678.05 plus accrued interest.

How much is the Fhn Financial Capital Markets contract with City of Grimes worth?

The Fhn Financial Capital Markets contract with City of Grimes is valued at $11,419,678.05 plus accrued interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a bid form record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city-of-grimes-bond-offering-bids-april-22-2025_b8c.pdf (Bid Form), dated April 22, 2025 from City of Grimes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fhn Financial Capital Markets hold?

Fhn Financial Capital Markets 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 Grimes currently buying?

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

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