CONTRACTAPPROVED

City of Oak Forest Awards Financial Services Contract to Spear Financial (April 2026)

Disclosed value: Not to exceed $8,700,000 (bond issue); From minutes
Approved: Apr 28, 2026

What it covers

Oak Forest approved a not-to-exceed $8.7 million General Obligation Refunding Bond issuance and authorized the sale and engagement of Spear Financial as financial advisor.

Who holds it

Spear Financial holds this financial services contract with City of Oak Forest. Its other public contracts on record include work for Knox County and Waukegan Port District.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $8,700,000 (bond issue)
Document date: April 28, 2026
Vendor: Spear Financial
Agency: City of Oak Forest
Source document: City of Oak Forest City Council Meeting Minutes 2026-04-28 (Minutes)

Spear Financial's other public contracts

Knox County, IllinoisSpear Financial Advises on Proposed Landfill Bond Financing · Jul 29, 2026Undisclosed Waukegan Port District, IllinoisBoard Receives Bond Financing Presentation From Spear Financial · Mar 18, 2026Undisclosed Waukegan Port District, IllinoisSpear Financial to Present Bond Issuance Proposal · Mar 18, 2026Undisclosed Plainfield Township Park District, IllinoisSpear Financial Advises on Non-Referendum GO Bond · Oct 8, 2025Undisclosed Dolton Park District, IllinoisBoard Holds Referendum Workshop With Spear Financial · Mar 12, 2025Undisclosed All Spear Financial contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Oak Forest?

Spear Financial was awarded this financial services contract by City of Oak Forest, as recorded on April 28, 2026. The contract value is Not to exceed $8,700,000 (bond issue).

How much is the Spear Financial contract with City of Oak Forest worth?

The Spear Financial contract with City of Oak Forest is valued at Not to exceed $8,700,000 (bond issue), 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 Oak Forest City Council Meeting Minutes 2026-04-28 (Minutes), dated April 28, 2026 from City of Oak Forest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Spear Financial hold?

Spear Financial 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 Oak Forest currently buying?

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

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