SRP Proposes Morgan Stanley for Revenue Bond Sale
Salt River Project Agricultural Improvement & Power DistrictSpecial District · Phoenix, AZ- Disclosed value
- Underwriter’s fee not to exceed $2.00 per $1,000 of bonds issued; proposed bond par amount not to exceed $1,622,000,000
- From agendapacket
- Document date
- May 21, 2026
- Renews
- Free account
The 30-second brief
SRP proposed including Morgan Stanley & Co. LLC on the banking team for its 2026 tax-exempt revenue bond sale. The transaction could have up to $1.622 billion in par value, with underwriting fees capped at $2 per $1,000 of bonds issued, and is targeted for execution by December 31, 2026.
Morgan Stanley & Co. LLC holds this financial services contract with Salt River Project Agricultural Improvement & Power District. Its other public contracts on record include work for New Jersey Infrastructure Bank and Small Cities Organized Risk Effort (Score).
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Contract details
- Contract type
- Financial Services
- Amount
- Underwriter’s fee not to exceed $2.00 per $1,000 of bonds issued; proposed bond par amount not to exceed $1,622,000,000
- Document date
- May 21, 2026
- Term
- Target execution before December 31, 2026; bond final maturity no greater than 40 years
- Renews
- On record
- Vendor
- Morgan Stanley & Co. LLC
- Source document
- Salt River Project Agricultural Improvement and Power District AgendaPacket Finance and Budget Committee Meeting 2026-05-21 (AgendaPacket)
Morgan Stanley & Co. LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Salt River Project Agricultural Improvement & Power District?
Morgan Stanley & Co. LLC was awarded this financial services contract by Salt River Project Agricultural Improvement & Power District, as recorded on May 21, 2026. The contract value is Underwriter’s fee not to exceed $2.00 per $1,000 of bonds issued; proposed bond par amount not to exceed $1,622,000,000.
How much is the Morgan Stanley & Co. LLC contract with Salt River Project Agricultural Improvement & Power District worth?
The Morgan Stanley & Co. LLC contract with Salt River Project Agricultural Improvement & Power District is valued at Underwriter’s fee not to exceed $2.00 per $1,000 of bonds issued; proposed bond par amount not to exceed $1,622,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Salt River Project Agricultural Improvement and Power District AgendaPacket Finance and Budget Committee Meeting 2026-05-21 (AgendaPacket), dated May 21, 2026 from Salt River Project Agricultural Improvement & Power District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Morgan Stanley & Co. LLC hold?
Morgan Stanley & Co. 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.
What is Salt River Project Agricultural Improvement & Power District currently buying?
Explore Salt River Project Agricultural Improvement & Power District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.