CONTRACTAPPROVED

Metropolitan Transportation Commission Awards Financial Services Contract to Bofa Securities Inc (September 2026)

Metropolitan Transportation Commission logoMetropolitan Transportation Commission
Disclosed value
Up to $500,000,000 in aggregate principal amount of bonds
From resolution
Approved
Sep 23, 2026
Renews
Free account

The 30-second brief

What it covers

The Metropolitan Transportation Commission approved documents supporting up to $500 million in BAIFA bonds, including a Bond Purchase Agreement with BofA Securities, Inc. The financing will support the BART Rail Car Replacement Program and a regional transit federal funding initiative.

Who holds it

Bofa Securities Inc holds this financial services contract with Metropolitan Transportation Commission. 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
Up to $500,000,000 in aggregate principal amount of bonds
Document date
September 23, 2026
Term
Bonds may not be issued after November 30, 2042
Renews
On record
Source document
Metropolitan Transportation Commission Resolution MTC Resolution No. 4792 Regional Transportation Plan 2026-09-23 (Resolution)

Bofa Securities Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Metropolitan Transportation Commission?

Bofa Securities Inc was awarded this financial services contract by Metropolitan Transportation Commission, as recorded on September 23, 2026. The contract value is Up to $500,000,000 in aggregate principal amount of bonds.

How much is the Bofa Securities Inc contract with Metropolitan Transportation Commission worth?

The Bofa Securities Inc contract with Metropolitan Transportation Commission is valued at Up to $500,000,000 in aggregate principal amount of bonds, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Metropolitan Transportation Commission Resolution MTC Resolution No. 4792 Regional Transportation Plan 2026-09-23 (Resolution), dated September 23, 2026 from Metropolitan Transportation Commission. 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 Metropolitan Transportation Commission currently buying?

Explore Metropolitan Transportation Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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