FINANCIAL_SERVICESAPPROVED

Arkansas Development Finance Authority Awards Financial Services Contract to Bank of America Securities (May 2026)

ADFA’s Professional Selection Committee selected Bank of America Securities as Senior Manager for the upcoming Arkansas Student Loan Bond Issues estimated at $40–$45 million. The firm will underwrite the bonds for the Arkansas Student Loan Authority program.

Status
APPROVED
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of America Securities
Agency
Arkansas Development Finance Authority · AR

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
For upcoming Arkansas Student Loan Bond Issues beginning fall 2026
Document type
AgendaPacket
Source document
Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-05-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Arkansas Development Finance Authority?

Bank of America Securities was awarded this financial services contract by Arkansas Development Finance Authority, as recorded on May 21, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-05-21 (AgendaPacket), dated May 21, 2026 from Arkansas Development Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America Securities hold?

Bank of America Securities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Arkansas Development Finance Authority currently buying?

Explore Arkansas Development Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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