Port Of Tacoma Awards Financial Services Contract to Bofa Securities Inc (September 2026)

The Port of Tacoma authorized a negotiated bond sale to BofA Securities, Inc. for up to $85 million of limited tax general obligation refunding bonds. Final terms must be approved by the Designated Port Representative by December 31, 2026, with proceeds used to refund outstanding 2016 bonds and pay issuance costs.

Document date · September 15, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $85,000,000 aggregate principal amount for the bond issue

Contract type

FINANCIAL_SERVICES

Contract term

Negotiated sale authorized through December 31, 2026

Renewal date

2026-12-31

Renewal

Authorization expires December 31, 2026, unless a Bond Purchase Contract is executed or the issuance is reauthorized by the Port Commission.

Document type

Resolution

Source document

Port of Tacoma Resolution Issuance and Sale of Limited Tax General Obligation Refunding Bonds 2026-09-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Port Of Tacoma?

Bofa Securities Inc was awarded this financial services contract by Port Of Tacoma, as recorded on September 15, 2026. The contract value is Not to exceed $85,000,000 aggregate principal amount for the bond issue.

How much is the Bofa Securities Inc contract with Port Of Tacoma worth?

The Bofa Securities Inc contract with Port Of Tacoma is valued at Not to exceed $85,000,000 aggregate principal amount for the bond issue, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Port of Tacoma Resolution Issuance and Sale of Limited Tax General Obligation Refunding Bonds 2026-09-15 (Resolution), dated September 15, 2026 from Port Of Tacoma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bofa Securities Inc hold?

Bofa Securities Inc 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 Bofa Securities Inc's profile

What is Port Of Tacoma currently buying?

Explore Port Of Tacoma's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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