Spring Oaks Letter Of Credit Renewed And Reduced
Town of ConwayCity · NC- Disclosed value
- $360,900.00 (reduced to $258,100.00)
- From agenda
- Document date
- Jul 11, 2024
The 30-second brief
The City of Conway Planning Commission approved the renewal and reduction of a Spring Oaks subdivision letter of credit with Anderson Brother Bank, lowering it from $360,900.00 to $258,100.00. The financial instrument secures completion of remaining infrastructure such as street trees, sidewalks, curb and gutter, and asphalt for one additional year.
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.
Term as filed: Letter of credit set to expire June 30, 2024; staff recommends extension for one year.
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Contract details
- Contract type
- Financial Services
- Amount
- $360,900.00 (reduced to $258,100.00)
- Document date
- July 11, 2024
- Term
- Letter of credit set to expire June 30, 2024; staff recommends extension for one year
- Vendor
- Anderson Brother Bank
- Agency
- Town of Conway
- Source document
- town-of-conway-agenda-2024-07-11_ce2.pdf (Agenda)
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 July 11, 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 agenda record.
Where was this contract approved?
This contract appears in town-of-conway-agenda-2024-07-11_ce2.pdf (Agenda), dated July 11, 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.