California Infrastructure and Economic Development Bank (IBank) | State of California Awards Financial Services Contract to U.s. Bank Trust Company National Association (September 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $80,000,000 bond par amount

Contract type

FINANCIAL_SERVICES

Contract term

Collateral arrangement applies through bond maturity, no later than 40 years from issuance

Renewal date

2066-12-22

Renewal

No renewal or extension terms stated; the collateral arrangement continues for the bond term, which may extend up to 40 years from issuance.

Document type

Resolution

Source document

California Infrastructure and Economic Development Bank Resolution Resolution No. 26-13 Equitable School Revolving Fund Bond Issuance 2026-09-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California?

U.s. Bank Trust Company National Association was awarded this financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California, as recorded on September 23, 2026. The contract value is Not to exceed $80,000,000 bond par amount.

How much is the U.s. Bank Trust Company National Association contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?

The U.s. Bank Trust Company National Association contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at Not to exceed $80,000,000 bond par amount, 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 California Infrastructure and Economic Development Bank Resolution Resolution No. 26-13 Equitable School Revolving Fund Bond Issuance 2026-09-23 (Resolution), dated September 23, 2026 from California Infrastructure and Economic Development Bank (IBank) | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bank Trust Company National Association hold?

U.s. Bank Trust Company National Association 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 U.s. Bank Trust Company National Association's profile

What is California Infrastructure and Economic Development Bank (IBank) | State of California currently buying?

Explore California Infrastructure and Economic Development Bank (IBank) | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View California Infrastructure and Economic Development Bank (IBank) | State of California's profile