Maryland Health and Higher Educational Facilities Authority | State of Maryland Awards Financial Services Contract to Cain Brothers (October 2025)
Maryland Health and Higher Educational Facilities Authority | State of MarylandState · Baltimore, MD- Disclosed value
- Not to exceed $145,000,000
- From minutes
- Approved
- Oct 7, 2025
The 30-second brief
The Authority authorized Cain Brothers to serve as an underwriter for TidalHealth’s proposed bond issue of up to $145 million. The financing will support hospital capital projects and debt refinancing.
Cain Brothers holds this financial services contract with Maryland Health and Higher Educational Facilities Authority | State of Maryland. Its other public contracts on record include work for Olympic Medical Center and Kittitas Valley Community Hospital.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $145,000,000
- Document date
- October 7, 2025
- Vendor
- Cain Brothers
- Source document
- Maryland Health and Higher Educational Facilities Authority Minutes Authority Meeting 2025-10-07 (Minutes)
Cain Brothers's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Maryland Health and Higher Educational Facilities Authority | State of Maryland?
Cain Brothers was awarded this financial services contract by Maryland Health and Higher Educational Facilities Authority | State of Maryland, as recorded on October 7, 2025. The contract value is Not to exceed $145,000,000.
How much is the Cain Brothers contract with Maryland Health and Higher Educational Facilities Authority | State of Maryland worth?
The Cain Brothers contract with Maryland Health and Higher Educational Facilities Authority | State of Maryland is valued at Not to exceed $145,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Maryland Health and Higher Educational Facilities Authority Minutes Authority Meeting 2025-10-07 (Minutes), dated October 7, 2025 from Maryland Health and Higher Educational Facilities Authority | State of Maryland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cain Brothers hold?
Cain Brothers 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 Maryland Health and Higher Educational Facilities Authority | State of Maryland currently buying?
Explore Maryland Health and Higher Educational Facilities Authority | State of Maryland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.