FINANCIAL_SERVICESAPPROVED

San Francisco Public Utilities Commission Awards Financial Services Contract to Bank of America Na Bana (May 2026)

The SFPUC approved new and amended reimbursement and fee agreements with Bank of America, N.A. providing up to $250 million in credit facilities for Wastewater Enterprise interim funding. The package covers Series A-2 and A-3 with related letters of credit and bank notes.

Status
APPROVED
Document date
May 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of America Na Bana
Agency
San Francisco Public Utilities Commission · CA

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

Scope & details

The full contract record, as filed.

Contract amount
Series A-2: up to $150 million (exclusive of 270 days’ interest); Series A-3: up to $100 million (exclusive of 270 days’ interest)
Contract type
FINANCIAL_SERVICES
Renewal
Original and third amendment for Series A-2 and new agreement for Series A-3; ongoing credit support for commercial paper or notes.
Document type
Resolution
Source document
San Francisco Public Utilities Commission Resolution Log 2026-05-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Francisco Public Utilities Commission?

Bank of America Na Bana was awarded this financial services contract by San Francisco Public Utilities Commission, as recorded on May 27, 2026. The contract value is Series A-2: up to $150 million (exclusive of 270 days’ interest); Series A-3: up to $100 million (exclusive of 270 days’ interest).

How much is the Bank of America Na Bana contract with San Francisco Public Utilities Commission worth?

The Bank of America Na Bana contract with San Francisco Public Utilities Commission is valued at Series A-2: up to $150 million (exclusive of 270 days’ interest); Series A-3: up to $100 million (exclusive of 270 days’ interest), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in San Francisco Public Utilities Commission Resolution Log 2026-05-27 (Resolution), dated May 27, 2026 from San Francisco Public Utilities Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America Na Bana hold?

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

View Bank of America Na Bana's profile

What is San Francisco Public Utilities Commission currently buying?

Explore San Francisco Public Utilities Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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