FINANCIAL_SERVICESAPPROVED

North Central Michigan College Awards Financial Services Contract to Local Banks (January 2025)

North Central Michigan College was authorized by its Board of Trustees to negotiate an unsecured $1,000,000 line of credit with local banks to support cash flow needs. The President and Vice President of Finance and Facilities are empowered to execute the necessary documents.

Document date · January 28, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Unsecured $1,000,000 line of credit
Contract type
FINANCIAL_SERVICES
Renewal
Line of credit terms, including renewal or expiration, will depend on agreements negotiated with specific local banks; no renewal schedule is specified in the resolution.
Document type
Minutes
Source document
n-central-michigan-college-board-of-trustees-organizational-meeting-financial-procedures-jan-28-2025_a10.md

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Central Michigan College?

Local Banks was awarded this financial services contract by North Central Michigan College, as recorded on January 28, 2025. The contract value is Unsecured $1,000,000 line of credit.

How much is the Local Banks contract with North Central Michigan College worth?

The Local Banks contract with North Central Michigan College is valued at Unsecured $1,000,000 line of credit, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in n-central-michigan-college-board-of-trustees-organizational-meeting-financial-procedures-jan-28-2025_a10.md (Minutes), dated January 28, 2025 from North Central Michigan College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Local Banks hold?

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

View Local Banks's profile

What is North Central Michigan College currently buying?

Explore North Central Michigan College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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