Sumitomo Letter of Credit Scheduled for Replacement
Metropolitan Washington Airports Authority (MWAA)Airport Authority · Arlington, VA- Disclosed value
- $32.9 million
- From report
- Document date
- Sep 21, 2022
- Term
- Expires October 4, 2022
The 30-second brief
The Airports Authority currently utilizes a $32.9 million Sumitomo letter of credit expiring October 4, 2022 to support its Series 2011A variable rate bonds. Finance staff intend to replace this facility with a new TD Bank letter of credit following Committee and Board approvals.
SUMITOMO holds this financial services contract with Metropolitan Washington Airports Authority (MWAA). Its other public contracts on record include work for Santiago Aqueduct Commission and Irvine Ranch Water District.
Term as filed: Expires October 4, 2022.
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Contract details
- Contract type
- Financial Services
- Amount
- $32.9 million
- Document date
- September 21, 2022
- Term
- Expires October 4, 2022
- Vendor
- SUMITOMO
- Source document
- mwaa-financial-advisors-report-september-2022_70b.pdf (Report)
SUMITOMO's other public contracts
More Metropolitan Washington Airports Authority (MWAA) contracts
Questions about this contract
Who was awarded the financial services contract by Metropolitan Washington Airports Authority (MWAA)?
SUMITOMO was awarded this financial services contract by Metropolitan Washington Airports Authority (MWAA), as recorded on September 21, 2022. The contract value is $32.9 million.
How much is the SUMITOMO contract with Metropolitan Washington Airports Authority (MWAA) worth?
The SUMITOMO contract with Metropolitan Washington Airports Authority (MWAA) is valued at $32.9 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in mwaa-financial-advisors-report-september-2022_70b.pdf (Report), dated September 21, 2022 from Metropolitan Washington Airports Authority (MWAA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does SUMITOMO hold?
SUMITOMO 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 Washington Airports Authority (MWAA) currently buying?
Explore Metropolitan Washington Airports Authority (MWAA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.