CONTRACTAPPROVED

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

Space Florida | State of Florida logoSpace Florida | State of Florida
Disclosed value
Equipment loan up to $21,800,000 within total borrowing not to exceed $23,000,000
From agendapacket
Approved
Feb 2, 2026

The 30-second brief

What it covers

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.

Who holds it

Bank of America Leasing holds this financial services contract with Space Florida | State of Florida. Its other public contracts on record include work for Yucaipa-Calimesa Joint Unified and FL-State-Space Florida.

What happens next

Term as filed: Loan amortization term not to exceed 84 months.

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Contract details

Contract type
Financial Services
Amount
Equipment loan up to $21,800,000 within total borrowing not to exceed $23,000,000
Document date
February 2, 2026
Term
Loan amortization term not to exceed 84 months
Source document
Space Florida AgendaPacket Board of Directors Meeting 2026-02-02 (AgendaPacket)

Bank of America Leasing's other public contracts

More Space Florida | State of Florida contracts

Questions about this contract

Who was awarded the financial services contract by Space Florida | State of Florida?

Bank of America Leasing was awarded this financial services contract by Space Florida | State of 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 Space Florida | State of Florida worth?

The Bank of America Leasing contract with Space Florida | State of 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 Space Florida | State of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is Space Florida | State of Florida currently buying?

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

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