CONTRACTPENDING

SRP Proposes Morgan Stanley for Bond Sale Team

Salt River Project Agricultural Improvement & Power District
Disclosed value
Underwriter’s fee not to exceed $2.00 per $1,000 of bonds issued
From agendapacket
Document date
Jun 2, 2026
Renews
Free account

The 30-second brief

What it covers

SRP identified Morgan Stanley as part of the proposed banking team for a tax-exempt revenue bond sale. The transaction may include up to $919 million in new-money bonds and $703 million in refinancing, with execution targeted by December 31, 2026.

Who holds it

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).

What happens next

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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
Document date
June 2, 2026
Term
Bond sale execution no later than December 31, 2026
Renews
On record
Source document
Salt River Project Agricultural Improvement and Power District AgendaPacket District Council Meeting 2026-06-02 (AgendaPacket)

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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 June 2, 2026. The contract value is Underwriter’s fee not to exceed $2.00 per $1,000 of bonds issued.

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, 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 District Council Meeting 2026-06-02 (AgendaPacket), dated June 2, 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.

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