University of Wyoming Board of Trustees Awards Financial Services Contract to First Interstate Bank (August 2026)

The University of Wyoming Board of Trustees will authorize administration to increase letters of credit with First Interstate Bank up to $500,000 to satisfy Wyoming DEQ financial assurance requirements for two Class 1 UIC wells in the Wyoming CarbonSAFE project. The adjustment reflects updated plug and abandon cost estimates funded largely by the U.S. Department of Energy.

Scope & details

The full contract record, as filed.

Contract amount

Up to the amount of $500,000 (two letters of credit expected at $245,000 each)

Contract type

FINANCIAL_SERVICES

Renewal

Existing letters of credit first issued July 2021 and amended in May 2023, July 2024, and May 2025 will be further increased based on annual updated plug and abandon cost estimates required by DEQ.

Document type

AgendaPacket

Source document

University of Wyoming Board of Trustees Meeting Agenda Packet 2026-08-19

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by University of Wyoming Board of Trustees?

First Interstate Bank was awarded this financial services contract by University of Wyoming Board of Trustees, as recorded on August 19, 2026. The contract value is Up to the amount of $500,000 (two letters of credit expected at $245,000 each).

How much is the First Interstate Bank contract with University of Wyoming Board of Trustees worth?

The First Interstate Bank contract with University of Wyoming Board of Trustees is valued at Up to the amount of $500,000 (two letters of credit expected at $245,000 each), 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 University of Wyoming Board of Trustees Meeting Agenda Packet 2026-08-19 (AgendaPacket), dated August 19, 2026 from University of Wyoming Board of Trustees. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Interstate Bank hold?

First Interstate 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.

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