Port equipment lease with Bank of America noted
- Disclosed value
- $10,294,917 (aggregate outstanding principal under Master Equipment Lease Agreement, as of resolution date)
- From resolution
- Document date
- Apr 5, 2022
The 30-second brief
The Port of Everett’s Resolution 1191 references an ongoing Master Equipment Lease Agreement with Bank of America, National Association, supporting up to $10.29 million in equipment financing on a subordinate lien basis. The lease remains payable from Net Revenues, ranking below the Port’s first lien revenue obligations.
Bank of America National Association holds this equipment contract with Port Of Everett. Its other public contracts on record include work for Maple Valley Public School District 4 and Town of Newtown.
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Contract details
- Contract type
- Equipment
- Amount
- $10,294,917 (aggregate outstanding principal under Master Equipment Lease Agreement, as of resolution date)
- Document date
- April 5, 2022
- Agency
- Port Of Everett
- Source document
- Port of Everett Resolution 1191 (2022) Subordinate Lien Revenue Notes (Resolution)
Bank of America National Association's other public contracts
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Questions about this contract
Who was awarded the equipment contract by Port Of Everett?
Bank of America National Association was awarded this equipment contract by Port Of Everett, as recorded on April 5, 2022. The contract value is $10,294,917 (aggregate outstanding principal under Master Equipment Lease Agreement, as of resolution date).
How much is the Bank of America National Association contract with Port Of Everett worth?
The Bank of America National Association contract with Port Of Everett is valued at $10,294,917 (aggregate outstanding principal under Master Equipment Lease Agreement, as of resolution date), covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Port of Everett Resolution 1191 (2022) Subordinate Lien Revenue Notes (Resolution), dated April 5, 2022 from Port Of Everett. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America National Association hold?
Bank of America National Association 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 Port Of Everett currently buying?
Explore Port Of Everett's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.