CONTRACTAPPROVED

Metropolitan Transportation Commission Awards Financial Services Contract to Scotia Bank (August 2026)

Approved: Aug 20, 2026

What it covers

The ACFA Governing Board unanimously approved a Scotia Bank letter of credit facility to replace the expiring Fannie Mae support facility for the 153-unit La Terrazza Apartments project. The replacement preserves the existing bond structure, with no additional ABAG liability and costs paid by the borrower.

Who holds it

Scotia Bank holds this financial services contract with Metropolitan Transportation Commission. Its other public contracts on record include work for Town of Bassano and Town of Osler.

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Contract details

Contract type: Financial Services
Document date: August 20, 2026
Vendor: Scotia Bank
Agency: Metropolitan Transportation Commission
Source document: Association of Bay Area Governments Meeting Transcript 2026-08-20 (Transcript)

Scotia Bank's other public contracts

Town of Bassano, ABBassano Authorizes Scotia Bank for Online Banking · Oct 13, 2026Undisclosed Town of Osler, CanadaOsler Approves $93K in Payments via Scotia Bank · Apr 8, 2026$93.4K Rural Municipality of Calder No. 241, CanadaCouncil to Review Scotia Bank Term Renewal · Mar 18, 2026Undisclosed Town of Osler, CanadaCouncil approves $54,666.92 payment to Scotia Bank · Feb 11, 2026$54.7K Township of James, CanadaTownship Approves 2026 Borrowing From Scotia Bank · Jan 14, 2026$220K All Scotia Bank contractsVendor profile

More Metropolitan Transportation Commission contracts

Nelson/nygaard Consultant TeamNelson/Nygaard Team Conducted SB 63 Phase One Review · Oct 21, 2026Undisclosed Bank of America Merchant ServicesBATA Approves $10 Million FasTrak Payment Amendment · Oct 13, 2026$10M Mott MacdonaldMott MacDonald Study Supports Mountain View Intersection Project · Oct 13, 2026Undisclosed California Department of TransportationMTC Approves Up to $6 Million Caltrans SR 37 Subaward · Oct 13, 2026 Conduent State & Local Solutions IncBATA Approves $2 Million FasTrak System Change Order · Oct 13, 2026 All Metropolitan Transportation Commission activityAgency profile

Questions about this contract

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

Scotia Bank was awarded this financial services contract by Metropolitan Transportation Commission, as recorded on August 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Association of Bay Area Governments Meeting Transcript 2026-08-20 (Transcript), dated August 20, 2026 from Metropolitan Transportation Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Scotia Bank hold?

Scotia Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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