CONTRACTAPPROVED

Minnesota Sports Facilities Authority | State of Minnesota Awards Financial Services Contract to Huntington Technology Finance (October 2019)

Minnesota Sports Facilities Authority | State of Minnesota logoMinnesota Sports Facilities Authority | State of Minnesota
Disclosed value
Not to exceed $28,000 per month for 48 months, with $1.00 purchase option
From minutes
Approved
Oct 18, 2019

The 30-second brief

What it covers

The Minnesota Sports Facilities Authority authorized a Master Lease Agreement with Huntington Technology Finance to fund the new turf cover at U.S. Bank Stadium. The financing will cost up to $28,000 per month over 48 months with a $1 purchase option for title at the end of the term.

Who holds it

Huntington Technology Finance holds this financial services contract with Minnesota Sports Facilities Authority | State of Minnesota. Its other public contracts on record include work for APPOMATTOX REGIONAL LIBRARY and City of Gallup.

What happens next

Term as filed: 48 months, with $1.00 end-of-term purchase option.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $28,000 per month for 48 months, with $1.00 purchase option
Document date
October 18, 2019
Term
48 months, with $1.00 end-of-term purchase option
Source document
Minnesota Sports Facilities Authority Minutes 2019-10-18 (Minutes)

Huntington Technology Finance's other public contracts

More Minnesota Sports Facilities Authority | State of Minnesota contracts

Questions about this contract

Who was awarded the financial services contract by Minnesota Sports Facilities Authority | State of Minnesota?

Huntington Technology Finance was awarded this financial services contract by Minnesota Sports Facilities Authority | State of Minnesota, as recorded on October 18, 2019. The contract value is Not to exceed $28,000 per month for 48 months, with $1.00 purchase option.

How much is the Huntington Technology Finance contract with Minnesota Sports Facilities Authority | State of Minnesota worth?

The Huntington Technology Finance contract with Minnesota Sports Facilities Authority | State of Minnesota is valued at Not to exceed $28,000 per month for 48 months, with $1.00 purchase option, 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 Minnesota Sports Facilities Authority Minutes 2019-10-18 (Minutes), dated October 18, 2019 from Minnesota Sports Facilities Authority | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Huntington Technology Finance hold?

Huntington Technology Finance 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 Minnesota Sports Facilities Authority | State of Minnesota currently buying?

Explore Minnesota Sports Facilities Authority | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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