Los Angeles Department of Water & Power Awards Financial Services Contract to Jefferies LLC (September 2026)
Los Angeles Department of Water & PowerUtility District · Los Angeles, CA- Disclosed value
- Up to $1.081 billion in Power System Revenue Bonds
- From minutes
- Approved
- Sep 8, 2026
The 30-second brief
The Board approved a Contract of Purchase with Jefferies LLC as an underwriter for up to $1.081 billion of LADWP Power System Revenue Bonds, 2026 Series C. The bonds will support capital improvements, issuance costs, and potential prior-bond refunding.
Jefferies LLC holds this financial services contract with Los Angeles Department of Water & Power. Its other public contracts on record include work for Illinois Finance Authority | State of Illinois and City of Bristol.
Term as filed: Bond maturities may not exceed 45 years from initial issuance.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $1.081 billion in Power System Revenue Bonds
- Document date
- September 8, 2026
- Term
- Bond maturities may not exceed 45 years from initial issuance
- Vendor
- Jefferies LLC
- Source document
- City of Los Angeles Minutes Board of Water and Power Commissioners Meeting 2026-09-08 (Minutes)
Jefferies LLC's other public contracts
More Los Angeles Department of Water & Power contracts
Questions about this contract
Who was awarded the financial services contract by Los Angeles Department of Water & Power?
Jefferies LLC was awarded this financial services contract by Los Angeles Department of Water & Power, as recorded on September 8, 2026. The contract value is Up to $1.081 billion in Power System Revenue Bonds.
How much is the Jefferies LLC contract with Los Angeles Department of Water & Power worth?
The Jefferies LLC contract with Los Angeles Department of Water & Power is valued at Up to $1.081 billion in Power System Revenue Bonds, 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 City of Los Angeles Minutes Board of Water and Power Commissioners Meeting 2026-09-08 (Minutes), dated September 8, 2026 from Los Angeles Department of Water & Power. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jefferies LLC hold?
Jefferies 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 Los Angeles Department of Water & Power currently buying?
Explore Los Angeles Department of Water & Power's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
