CONTRACTAPPROVED

Long Island Power Authority Awards Financial Services Contract to Bofa Securities Inc (December 2025)

Long Island Power Authority
Disclosed value
Forthcoming variable-rate bond issuance; total authorized bonds up to $1,700,000,000
From minutes
Approved
Dec 17, 2025
Term
Authorization expires March 31, 2027
Renews
Free account

The 30-second brief

What it covers

LIPA authorized a 2026 financing plan of up to $1.7 billion in Electric System General Revenue Bonds, including a forthcoming variable-rate bond sale to BofA Securities, Inc. The authorization remains available through March 31, 2027.

Who holds it

Bofa Securities Inc holds this financial services contract with Long Island Power Authority. Its other public contracts on record include work for City of Raleigh and Board Of Water Commisioners Retirement Plan Trust Fund.

What happens next

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Contract details

Contract type
Financial Services
Amount
Forthcoming variable-rate bond issuance; total authorized bonds up to $1,700,000,000
Document date
December 17, 2025
Term
Authorization expires March 31, 2027
Renews
On record
Source document
Long Island Power Authority Minutes of the 339th Meeting 2025-12-17 (Minutes)

Bofa Securities Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Long Island Power Authority?

Bofa Securities Inc was awarded this financial services contract by Long Island Power Authority, as recorded on December 17, 2025. The contract value is Forthcoming variable-rate bond issuance; total authorized bonds up to $1,700,000,000.

How much is the Bofa Securities Inc contract with Long Island Power Authority worth?

The Bofa Securities Inc contract with Long Island Power Authority is valued at Forthcoming variable-rate bond issuance; total authorized bonds up to $1,700,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Long Island Power Authority Minutes of the 339th Meeting 2025-12-17 (Minutes), dated December 17, 2025 from Long Island Power Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bofa Securities Inc hold?

Bofa Securities Inc 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 Long Island Power Authority currently buying?

Explore Long Island Power Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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