Northern Illinois Municipal Power Agency Awards Financial Services Contract to Bank of America (September 2026)
Northern Illinois Municipal Power AgencySpecial District · Rochelle, IL- Disclosed value
- $25M purchased portion of the $134M Series 2026A bond issue
- From minutes
- Awarded
- Sep 17, 2026
- Term
- September 1, 2026 – December 1, 2041
- Renews
- Free account
The 30-second brief
NIMPA selected Bank of America as underwriter for its Series 2026A bond refinancing. Bank of America purchased the remaining $25 million of the $134 million issue, which refinances most Series 2016A bonds and matures December 1, 2041.
Bank of America holds this financial services contract with Northern Illinois Municipal Power Agency. Its other public contracts on record include work for Hunterdon County Soil Conservation District and Kansas City Public School Retirement System.
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Contract details
- Contract type
- Financial Services
- Amount
- $25M purchased portion of the $134M Series 2026A bond issue
- Document date
- September 17, 2026
- Term
- September 1, 2026 – December 1, 2041
- Renews
- On record
- Vendor
- Bank of America
- Source document
- Northern Illinois Municipal Power Agency Minutes Board Meeting September 17, 2026 (Minutes)
Bank of America's other public contracts
More Northern Illinois Municipal Power Agency contracts
Questions about this contract
Who was awarded the financial services contract by Northern Illinois Municipal Power Agency?
Bank of America was awarded this financial services contract by Northern Illinois Municipal Power Agency, as recorded on September 17, 2026. The contract value is $25M purchased portion of the $134M Series 2026A bond issue.
How much is the Bank of America contract with Northern Illinois Municipal Power Agency worth?
The Bank of America contract with Northern Illinois Municipal Power Agency is valued at $25M purchased portion of the $134M Series 2026A bond issue, 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 Northern Illinois Municipal Power Agency Minutes Board Meeting September 17, 2026 (Minutes), dated September 17, 2026 from Northern Illinois Municipal Power Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America hold?
Bank of America 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 Northern Illinois Municipal Power Agency currently buying?
Explore Northern Illinois Municipal Power Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.