Port Secures Guaranty from Hyundai-Posco for Dock Projects | Port Of South Louisiana | HYUNDAI-POSCO LOUISIANA STEEL LLC

Scope & details

The full contract record, as filed.

Contract amount

Guaranty Cap between $62,000,000 and $65,000,000 (aggregate maximum liability)

Contract type

FINANCIAL_SERVICES

Contract term

Effective Date in 2026 through the earlier of (a) payment of all Guaranteed Obligations, (b) consummation of permanent financing for Dock Projects, or (c) 24 months after the Effective Date, unless extended by written agreement

Renewal

Guaranty automatically terminates upon the earlier of payment of all Guaranteed Obligations, consummation of permanent financing for the Dock Projects, or 24 months after the Effective Date; Parties may extend the term by written agreement.

Document type

Agreement

Source document

Port of South Louisiana Guaranty Agreement 2026-06-15

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State Bond Commission Agenda Packet 2026-09-17

PENDING

Louisiana Bond Commission | State of Louisiana, LouisianaNot exceeding $900,000,000 Exempt Facility Revenue BondsSep 17, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Port Of South Louisiana?

Hyundai-posco Louisiana Steel Llc was awarded this financial services contract by Port Of South Louisiana, as recorded on June 15, 2026. The contract value is Guaranty Cap between $62,000,000 and $65,000,000 (aggregate maximum liability).

How much is the Hyundai-posco Louisiana Steel Llc contract with Port Of South Louisiana worth?

The Hyundai-posco Louisiana Steel Llc contract with Port Of South Louisiana is valued at Guaranty Cap between $62,000,000 and $65,000,000 (aggregate maximum liability), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Port of South Louisiana Guaranty Agreement 2026-06-15 (Agreement), dated June 15, 2026 from Port Of South Louisiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hyundai-posco Louisiana Steel Llc hold?

Hyundai-posco Louisiana Steel 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.

View Hyundai-posco Louisiana Steel Llc's profile

What is Port Of South Louisiana currently buying?

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