CONTRACTRECOMMENDED

Hibbing Considers $7.845 Million Piper Bond Sale

THE HRA OF HIBBING, MINNESOTA
Disclosed value
$7,845,000 principal amount; 4.0130% low bid; 4.0053% final true interest cost
From agendapacket
Document date
Nov 4, 2026
Renews
Free account

The 30-second brief

What it covers

Hibbing is considering awarding its $7.845 million General Obligation Capital Improvement Plan bond sale to Piper Sandler & Co. The lowest bid carried a 4.0130% indicated rate, with a final true interest cost of 4.0053% and a 20-year term.

Who holds it

Piper Sandler & Co holds this financial services contract with THE HRA OF HIBBING, MINNESOTA. Its other public contracts on record include work for City of Dublin and City of Sioux.

What happens next

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Contract details

Contract type
Financial Services
Amount
$7,845,000 principal amount; 4.0130% low bid; 4.0053% final true interest cost
Document date
November 4, 2026
Term
20 years; bond closing scheduled for November 24, 2026
Renews
On record
Source document
City of Hibbing AgendaPacket Regular Meeting November 4, 2026 (AgendaPacket)

Piper Sandler & Co's other public contracts

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Questions about this contract

Who was awarded the financial services contract by THE HRA OF HIBBING, MINNESOTA?

Piper Sandler & Co was awarded this financial services contract by THE HRA OF HIBBING, MINNESOTA, as recorded on November 4, 2026. The contract value is $7,845,000 principal amount; 4.0130% low bid; 4.0053% final true interest cost.

How much is the Piper Sandler & Co contract with THE HRA OF HIBBING, MINNESOTA worth?

The Piper Sandler & Co contract with THE HRA OF HIBBING, MINNESOTA is valued at $7,845,000 principal amount; 4.0130% low bid; 4.0053% final true interest cost, 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 City of Hibbing AgendaPacket Regular Meeting November 4, 2026 (AgendaPacket), dated November 4, 2026 from THE HRA OF HIBBING, MINNESOTA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Piper Sandler & Co hold?

Piper Sandler & Co 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 THE HRA OF HIBBING, MINNESOTA currently buying?

Explore THE HRA OF HIBBING, MINNESOTA's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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