CONTRACTAPPROVED

Michigan State University Awards Financial Services Contract to PURCHASER (April 2024)

Michigan State University logoMichigan State University
Disclosed value
Not to exceed $450,000,000 principal amount of Bonds and Notes (plus costs, premiums, discounts)
From resolution
Approved
Apr 12, 2024
Renews
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The 30-second brief

What it covers

The Michigan State University Board of Trustees authorized the use of a Purchaser for direct acquisition of series of General Revenue Bonds and Commercial Paper Notes, up to $450 million in principal. Officers may negotiate purchase agreements, pricing, and disclosure terms to support capital projects and refunding of existing debt.

Who holds it

PURCHASER holds this financial services contract with Michigan State University. Its other public contracts on record include work for Washoe County School District and NYC Housing Development Corporation (HDC).

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Michigan State University contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $450,000,000 principal amount of Bonds and Notes (plus costs, premiums, discounts)
Document date
April 12, 2024
Term
Bonds may have maturities up to December 1, 2065; Notes are short‑term and may be converted or refunded
Renews
Free account
Vendor
PURCHASER
Source document
michigan_state_university_board_of_trustees_resolu.pdf (Resolution)

PURCHASER's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Michigan State University?

PURCHASER was awarded this financial services contract by Michigan State University, as recorded on April 12, 2024. The contract value is Not to exceed $450,000,000 principal amount of Bonds and Notes (plus costs, premiums, discounts).

How much is the PURCHASER contract with Michigan State University worth?

The PURCHASER contract with Michigan State University is valued at Not to exceed $450,000,000 principal amount of Bonds and Notes (plus costs, premiums, discounts), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in michigan_state_university_board_of_trustees_resolu.pdf (Resolution), dated April 12, 2024 from Michigan State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PURCHASER hold?

PURCHASER 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 Michigan State University currently buying?

Explore Michigan State University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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