CONTRACTAWARDED

Southeast Alaska Power Agency Awards Financial Services Contract to First Bank (May 2026)

Southeast Alaska Power Agency
Disclosed value
Line of credit up to $20,000,000
From agendapacket
Awarded
May 28, 2026

The 30-second brief

What it covers

SEAPA closed a non-revolving line of credit of up to $20 million with First Bank on April 17, 2026. The facility supports project costs including the Tyee third turbine and generator procurement.

Who holds it

First Bank holds this financial services contract with Southeast Alaska Power Agency. Its other public contracts on record include work for Johnson Creek village and City of Eagle Grove.

What happens next

Term as filed: Closed April 17, 2026; non-revolving line of credit.

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Contract details

Contract type
Financial Services
Amount
Line of credit up to $20,000,000
Document date
May 28, 2026
Term
Closed April 17, 2026; non-revolving line of credit
Source document
Southeast Alaska Power Agency Agenda Packet May 28, 2026 (AgendaPacket)

First Bank's other public contracts

More Southeast Alaska Power Agency contracts

Questions about this contract

Who was awarded the financial services contract by Southeast Alaska Power Agency?

First Bank was awarded this financial services contract by Southeast Alaska Power Agency, as recorded on May 28, 2026. The contract value is Line of credit up to $20,000,000.

How much is the First Bank contract with Southeast Alaska Power Agency worth?

The First Bank contract with Southeast Alaska Power Agency is valued at Line of credit up to $20,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Southeast Alaska Power Agency Agenda Packet May 28, 2026 (AgendaPacket), dated May 28, 2026 from Southeast Alaska Power Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Bank hold?

First Bank 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 Southeast Alaska Power Agency currently buying?

Explore Southeast Alaska Power Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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