CONTRACTREJECTED

Jefferies offer declined in Series R-2026D bond sale

Office of the Washington State Treasurer logoOffice of the Washington State Treasurer
Disclosed value
Bid price $264,603,699.86 for $240,315,000 principal (not awarded)
From resolution
Document date
May 5, 2026

The 30-second brief

What it covers

Jefferies LLC bid to underwrite Washington’s $240.3 million Series R-2026D motor vehicle fuel tax refunding bonds at a 5% coupon with a TIC of 3.206865. The firm’s offer was not selected in the competitive sale process.

Who holds it

Jefferies LLC holds this financial services contract with Office of the Washington State Treasurer. Its other public contracts on record include work for Illinois Finance Authority | State of Illinois and City of Bristol.

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Contract details

Contract type
Financial Services
Amount
Bid price $264,603,699.86 for $240,315,000 principal (not awarded)
Document date
May 5, 2026
Source document
State Finance Committee Resolution No. 1310 2026-05-05 (Resolution)

Jefferies LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Office of the Washington State Treasurer?

Jefferies LLC was awarded this financial services contract by Office of the Washington State Treasurer, as recorded on May 5, 2026. The contract value is Bid price $264,603,699.86 for $240,315,000 principal (not awarded).

How much is the Jefferies LLC contract with Office of the Washington State Treasurer worth?

The Jefferies LLC contract with Office of the Washington State Treasurer is valued at Bid price $264,603,699.86 for $240,315,000 principal (not awarded), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in State Finance Committee Resolution No. 1310 2026-05-05 (Resolution), dated May 5, 2026 from Office of the Washington State Treasurer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jefferies LLC hold?

Jefferies LLC 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 Office of the Washington State Treasurer currently buying?

Explore Office of the Washington State Treasurer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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