Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) Awards Financial Services Contract to J. Paul Getty Trust (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $300,000,000

Contract type

FINANCIAL_SERVICES

Contract term

From closing (expected September 30, 2026) to no later than October 1, 2047; final maturity currently expected October 1, 2031

Renewal date

2047-10-01

Renewal

One-time conduit bond issuance with maximum final maturity no later than October 1, 2047; no renewal provisions described. Board approval of the transaction expires if closing does not occur within 180 days of August 26, 2026 unless extended by the Board.

Document type

Resolution

Source document

California Infrastructure and Economic Development Bank Resolution No. 26-12 2026-08-26

Related contracts

Other contracts from J. Paul Getty Trust.

View all →

California Infrastructure and Economic Development Bank Agenda Board Meeting 2026-08-26

PENDING

Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaNot to exceed $300,000,000Aug 19, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)?

J. Paul Getty Trust was awarded this financial services contract by Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), as recorded on August 26, 2026. The contract value is Not to exceed $300,000,000.

How much is the J. Paul Getty Trust contract with Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) worth?

The J. Paul Getty Trust contract with Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) is valued at Not to exceed $300,000,000, 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 No. 26-12 2026-08-26 (Resolution), dated August 26, 2026 from Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does J. Paul Getty Trust hold?

J. Paul Getty Trust 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 J. Paul Getty Trust's profile

What is Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) currently buying?

Explore Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)'s profile