CONTRACTRENEWED

Spring Oaks Letter of Credit Renewed And Reduced

Town of Conway
Disclosed value
$360,900.00 (reduced to $258,100.00)
From meeting minutes
Document date
Jun 6, 2024

The 30-second brief

What it covers

The Conway Planning Commission approved renewal and reduction of Anderson Brother Bank’s $360,900.00 subdivision infrastructure letter of credit for Spring Oaks to $258,100.00, extending it for one year to cover remaining streetscape and paving work. The action supports completion of required improvements for 94 lots, with most infrastructure already installed.

Who holds it

Anderson Brother Bank holds this financial services contract with Town of Conway. Its other public contracts on record include work for City of Conway and Housing Authority Of Conway.

What happens next

Term as filed: Extend letter of credit for one more year.

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Contract details

Contract type
Financial Services
Amount
$360,900.00 (reduced to $258,100.00)
Document date
June 6, 2024
Term
Extend letter of credit for one more year
Source document
town-of-conway-meeting-minutes-2024-06-06_6bd.pdf (Meeting Minutes)

Anderson Brother Bank's other public contracts

More Town of Conway contracts

Questions about this contract

Who was awarded the financial services contract by Town of Conway?

Anderson Brother Bank was awarded this financial services contract by Town of Conway, as recorded on June 6, 2024. The contract value is $360,900.00 (reduced to $258,100.00).

How much is the Anderson Brother Bank contract with Town of Conway worth?

The Anderson Brother Bank contract with Town of Conway is valued at $360,900.00 (reduced to $258,100.00), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-conway-meeting-minutes-2024-06-06_6bd.pdf (Meeting Minutes), dated June 6, 2024 from Town of Conway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Anderson Brother Bank hold?

Anderson Brother 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 Town of Conway currently buying?

Explore Town of Conway's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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