CONTRACTAPPROVED

Upland village Awards Financial Services Contract to Urban Futures Inc (April 2021)

Upland village logoUpland village
Disclosed value
Not to exceed $62,500 (plus prior $5,000 fixed fee creditable if bonds are issued)
From agenda
Approved
Apr 26, 2021

The 30-second brief

What it covers

The City of Upland approved a Professional Services Agreement with Urban Futures, Inc. to provide municipal advisor services for a potential issuance of Pension Obligation Bonds, with total fees capped at $62,500 and a term through December 31, 2023. The firm will advise on pension funding strategies, assist with judicial validation, and support bond structuring and sale if the City proceeds.

Who holds it

Urban Futures Inc holds this financial services contract with Upland village. Its other public contracts on record include work for Camrosa Water District and City of Redwood.

What happens next

Term as filed: Effective April 26, 2021 through December 31, 2023.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $62,500 (plus prior $5,000 fixed fee creditable if bonds are issued)
Document date
April 26, 2021
Term
Effective April 26, 2021 through December 31, 2023
Source document
upland-city-council-meeting-agenda-april-26-2021_4f7.pdf (Agenda)

Urban Futures Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Upland village?

Urban Futures Inc was awarded this financial services contract by Upland village, as recorded on April 26, 2021. The contract value is Not to exceed $62,500 (plus prior $5,000 fixed fee creditable if bonds are issued).

How much is the Urban Futures Inc contract with Upland village worth?

The Urban Futures Inc contract with Upland village is valued at Not to exceed $62,500 (plus prior $5,000 fixed fee creditable if bonds are issued), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in upland-city-council-meeting-agenda-april-26-2021_4f7.pdf (Agenda), dated April 26, 2021 from Upland village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Urban Futures Inc hold?

Urban Futures Inc 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 Upland village currently buying?

Explore Upland village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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