CONTRACTONGOING

Bank of America CD Strengthens PRWA Investment Mix

Palmdale Recycled Water Authority logoPalmdale Recycled Water Authority
Disclosed value
Face value $250,000 (market value $249,887.50)
From agendapacket
Document date
Jul 20, 2026
Term
Maturity date November 13, 2026
Renews
Free account

The 30-second brief

What it covers

Palmdale Recycled Water Authority holds a $250,000 Bank of America certificate of deposit at 3.90% interest, maturing November 13, 2026. This CD diversifies PRWA’s investment portfolio alongside U.S. Government Securities.

Who holds it

Bank of America holds this financial services contract with Palmdale Recycled Water Authority. Its other public contracts on record include work for Mendocino City Community Services District and Alaska Housing Finance Corporation.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Palmdale Recycled Water Authority contract.

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Contract details

Contract type
Financial Services
Amount
Face value $250,000 (market value $249,887.50)
Document date
July 20, 2026
Term
Maturity date November 13, 2026
Renews
Free account
Source document
Palmdale Recycled Water Authority Agenda Packet 2026-07-20 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by Palmdale Recycled Water Authority?

Bank of America was awarded this financial services contract by Palmdale Recycled Water Authority, as recorded on July 20, 2026. The contract value is Face value $250,000 (market value $249,887.50).

How much is the Bank of America contract with Palmdale Recycled Water Authority worth?

The Bank of America contract with Palmdale Recycled Water Authority is valued at Face value $250,000 (market value $249,887.50), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Palmdale Recycled Water Authority Agenda Packet 2026-07-20 (AgendaPacket), dated July 20, 2026 from Palmdale Recycled Water Authority. 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 Palmdale Recycled Water Authority currently buying?

Explore Palmdale Recycled Water Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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