CONTRACTRENEWED

Tollway Renews Janney Bond Underwriting Services

Illinois State Toll Highway Authority | State of Illinois logoIllinois State Toll Highway Authority | State of Illinois
Disclosed value
Underwriter takedown compensation not to exceed $2.00 per $1,000 par amount of bonds underwritten; estimated total pool compensation $3,180,000
From agendapacket
Document date
Sep 9, 2021

The 30-second brief

What it covers

The Tollway renewed Janney Montgomery Scott LLC in its co-manager bond-underwriting pool through October 14, 2022. The firm remains available for underwriting assignments.

Who holds it

Janney Montgomery Scott LLC holds this financial services contract with Illinois State Toll Highway Authority | State of Illinois. Its other public contracts on record include work for Utah Office of the State Treasurer | State of Utah and Town of Ledyard.

What happens next

Term as filed: 10/15/2017 – 10/14/2022; one-year renewal.

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Contract details

Contract type
Financial Services
Amount
Underwriter takedown compensation not to exceed $2.00 per $1,000 par amount of bonds underwritten; estimated total pool compensation $3,180,000
Document date
September 9, 2021
Term
10/15/2017 – 10/14/2022; one-year renewal
Source document
Illinois State Toll Highway Authority AgendaPacket Finance Administration & Operations Committee Meeting 2021-09-09 (AgendaPacket)

Janney Montgomery Scott LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Illinois State Toll Highway Authority | State of Illinois?

Janney Montgomery Scott LLC was awarded this financial services contract by Illinois State Toll Highway Authority | State of Illinois, as recorded on September 9, 2021. The contract value is Underwriter takedown compensation not to exceed $2.00 per $1,000 par amount of bonds underwritten; estimated total pool compensation $3,180,000.

How much is the Janney Montgomery Scott LLC contract with Illinois State Toll Highway Authority | State of Illinois worth?

The Janney Montgomery Scott LLC contract with Illinois State Toll Highway Authority | State of Illinois is valued at Underwriter takedown compensation not to exceed $2.00 per $1,000 par amount of bonds underwritten; estimated total pool compensation $3,180,000, 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 Illinois State Toll Highway Authority AgendaPacket Finance Administration & Operations Committee Meeting 2021-09-09 (AgendaPacket), dated September 9, 2021 from Illinois State Toll Highway Authority | State of Illinois. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Janney Montgomery Scott LLC hold?

Janney Montgomery Scott LLC 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 Illinois State Toll Highway Authority | State of Illinois currently buying?

Explore Illinois State Toll Highway Authority | State of Illinois's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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