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Madison Metropolitan School District Awards $25,000,000 Financial Services Contract to Citigroup Global Markets (September 2016)

Madison Metropolitan School District logoMadison Metropolitan School District
Disclosed value
$25,000,000
From agenda
Approved
Sep 19, 2016

The 30-second brief

What it covers

The Board of Education has approved awarding Citigroup Global Markets, Inc. a $25,000,000 portion of the Tax Revenue Anticipation Note at a net interest cost of .8820%. This is part of a larger $79 Million borrowing to manage cash flow.

Who holds it

Citigroup Global Markets holds this financial services contract with Madison Metropolitan School District. Its other public contracts on record include work for City of Auburn Hills and City of Poway.

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Contract details

Contract type
Financial Services
Amount
$25,000,000
Document date
September 19, 2016
Term
NA
Vendor
Citigroup Global Markets
Agency
Madison Metropolitan School District
Source document
madison-metropolitan-school-district-agenda-2016-09-19_059.txt (Agenda)

Citigroup Global Markets's other public contracts

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More Madison Metropolitan School District contracts

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Questions about this contract

Who was awarded the financial services contract by Madison Metropolitan School District?

Citigroup Global Markets was awarded this financial services contract by Madison Metropolitan School District, as recorded on September 19, 2016. The contract value is $25,000,000.

How much is the Citigroup Global Markets contract with Madison Metropolitan School District worth?

The Citigroup Global Markets contract with Madison Metropolitan School District is valued at $25,000,000, 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 madison-metropolitan-school-district-agenda-2016-09-19_059.txt (Agenda), dated September 19, 2016 from Madison Metropolitan School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citigroup Global Markets hold?

Citigroup Global 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 Madison Metropolitan School District currently buying?

Explore Madison Metropolitan School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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