FINANCIAL_SERVICESPENDING

Port Plans Goldman Sachs Interest Rate Swap Termination

The Port of Tacoma is seeking approval to terminate its interest rate swap agreement with Goldman Sachs. The swap termination is expected to cost approximately $300,000 to $400,000 in total, with completion targeted for October 2026 and no later than December 31, 2026.

Document date · September 8, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $300,000–$400,000 total estimated termination cost, including the swap termination value and Port legal and advisory fees; swap market value was approximately $195,000 as of August 31, 2026
Contract type
FINANCIAL_SERVICES
Contract term
Interest rate swap agreement entered September 25, 2008; termination targeted for October 2026 and no later than December 31, 2026
Renewal date
2026-12-31
Renewal
Termination rather than renewal; final termination cost and terms will be determined based on market rates on the target termination date.
Document type
StaffReport
Source document
Port of Tacoma StaffReport Resolution 2026-09-PT – Authorizing Termination of a Payment Agreement with Goldman Sachs 2026-09-08

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Goldman Sachs was awarded this financial services contract by Port Of Tacoma, as recorded on September 8, 2026. The contract value is Approximately $300,000–$400,000 total estimated termination cost, including the swap termination value and Port legal and advisory fees; swap market value was approximately $195,000 as of August 31, 2026.

How much is the Goldman Sachs contract with Port Of Tacoma worth?

The Goldman Sachs contract with Port Of Tacoma is valued at Approximately $300,000–$400,000 total estimated termination cost, including the swap termination value and Port legal and advisory fees; swap market value was approximately $195,000 as of August 31, 2026, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Port of Tacoma StaffReport Resolution 2026-09-PT – Authorizing Termination of a Payment Agreement with Goldman Sachs 2026-09-08 (StaffReport), dated September 8, 2026 from Port Of Tacoma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Goldman Sachs hold?

Goldman Sachs may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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