Kirkwood R-VII School District Awards Financial Services Contract to Bank of America Merrill Lynch (June 2021)
Kirkwood R-VII School DistrictSchool · Kirkwood, MO- Disclosed value
- $56,220,000 principal; $5,478,936 bond premium; $61,301,454 net proceeds; $1,151,700 good faith deposit
- From meeting minutes
- Awarded
- Jun 28, 2021
The 30-second brief
The Kirkwood School District awarded the underwriting of its Prop R bond issue to Bank of America Merrill Lynch following a competitive sale on May 20, 2021. The transaction delivered $56.22 million in principal plus $5.48 million in premium, yielding $61.3 million in net proceeds for district construction projects.
Bank of America Merrill Lynch holds this financial services contract with Kirkwood R-VII School District. Its other public contracts on record include work for Colonial Heights City Public Schools and City of Rochester Hills.
Term as filed: Prop R bond sale closed June 1, 2021; bonds to be used over the next two fiscal years.
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Contract details
- Contract type
- Financial Services
- Amount
- $56,220,000 principal; $5,478,936 bond premium; $61,301,454 net proceeds; $1,151,700 good faith deposit
- Document date
- June 28, 2021
- Term
- Prop R bond sale closed June 1, 2021; bonds to be used over the next two fiscal years
- Source document
- kirkwood-r-vii-school-districtmeeting-minutes2021-06-28_de7.txt (Meeting Minutes)
Bank of America Merrill Lynch's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Kirkwood R-VII School District?
Bank of America Merrill Lynch was awarded this financial services contract by Kirkwood R-VII School District, as recorded on June 28, 2021. The contract value is $56,220,000 principal; $5,478,936 bond premium; $61,301,454 net proceeds; $1,151,700 good faith deposit.
How much is the Bank of America Merrill Lynch contract with Kirkwood R-VII School District worth?
The Bank of America Merrill Lynch contract with Kirkwood R-VII School District is valued at $56,220,000 principal; $5,478,936 bond premium; $61,301,454 net proceeds; $1,151,700 good faith deposit, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in kirkwood-r-vii-school-districtmeeting-minutes2021-06-28_de7.txt (Meeting Minutes), dated June 28, 2021 from Kirkwood R-VII School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America Merrill Lynch hold?
Bank of America Merrill Lynch 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 Kirkwood R-VII School District currently buying?
Explore Kirkwood R-VII School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.