Goldman Sachs supports targeted open-market bond buybacks

The Transportation Corridor Agencies retain Goldman Sachs as their investment banking firm to execute targeted open-market bond buybacks, with fees capped at 0.3% of the principal amount of bonds purchased. Goldman Sachs will approach investors holding larger blocks of Agency bonds to support continued early debt reduction.

Scope & details

The full contract record, as filed.

Contract amount

Fee not to exceed 0.3% of principal amount of bonds purchased

Contract type

FINANCIAL_SERVICES

Renewal

Fee structure of up to 0.3% of principal for purchased bonds continues under the amended Open Market Bond Buyback Program; no change to other terms.

Document type

AgendaPacket

Source document

Transportation Corridor Agencies AgendaPacket Joint Finance & Investment Committee Meeting 2026-06-24

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Foothill Transportation Corridor Agency?

Goldman Sachs was awarded this financial services contract by Foothill Transportation Corridor Agency, as recorded on June 24, 2026. The contract value is Fee not to exceed 0.3% of principal amount of bonds purchased.

How much is the Goldman Sachs contract with Foothill Transportation Corridor Agency worth?

The Goldman Sachs contract with Foothill Transportation Corridor Agency is valued at Fee not to exceed 0.3% of principal amount of bonds purchased, 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 Transportation Corridor Agencies AgendaPacket Joint Finance & Investment Committee Meeting 2026-06-24 (AgendaPacket), dated June 24, 2026 from Foothill Transportation Corridor Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Goldman Sachs hold?

Goldman Sachs 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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