FINANCIAL_SERVICESAPPROVED

FL-State-Space Florida Awards Financial Services Contract to Bank of America Leasing (February 2026)

Space Florida’s Board approved a financing agreement with Bank of America Leasing under Project Prime, including an equipment loan of $21.8 million as part of total borrowings capped at $23 million at interest rates up to 6% over terms of up to 84 months. The transaction is structured as a non-recourse conduit lease.

Document date · February 2, 2026

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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
Equipment loan up to $21,800,000 within total borrowing not to exceed $23,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Loan amortization term not to exceed 84 months
Renewal
Borrowing resolution #25-51 sets maximum loan amount, rate, and term; renewals or refinancings would require separate action.
Document type
AgendaPacket
Source document
Space Florida AgendaPacket Board of Directors Meeting 2026-02-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by FL-State-Space Florida?

Bank of America Leasing was awarded this financial services contract by FL-State-Space Florida, as recorded on February 2, 2026. The contract value is Equipment loan up to $21,800,000 within total borrowing not to exceed $23,000,000.

How much is the Bank of America Leasing contract with FL-State-Space Florida worth?

The Bank of America Leasing contract with FL-State-Space Florida is valued at Equipment loan up to $21,800,000 within total borrowing not to exceed $23,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Space Florida AgendaPacket Board of Directors Meeting 2026-02-02 (AgendaPacket), dated February 2, 2026 from FL-State-Space Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America Leasing hold?

Bank of America Leasing 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 Leasing's profile

What is FL-State-Space Florida currently buying?

Explore FL-State-Space Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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