Yu Ying Considers Truist Financing Scenario
Washington Yu Ying PcsSchool · Washington, DC- Disclosed value
- $1 million in capitalized interest and $1.5 million in debt service reserved fund under the Truist scenario
- From minutes
- Document date
- Jul 11, 2023
The 30-second brief
Washington Yu Ying considered a Truist financing scenario for the 4301 Harewood Road project. The scenario included $1 million in capitalized interest and a $1.5 million debt-service reserve fund, but no lender award was reported.
TRUIST holds this financial services contract with Washington Yu Ying Pcs. Its other public contracts on record include work for Town of Wendell and City of Petersburg.
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Contract details
- Contract type
- Financial Services
- Amount
- $1 million in capitalized interest and $1.5 million in debt service reserved fund under the Truist scenario
- Document date
- July 11, 2023
- Vendor
- TRUIST
- Agency
- Washington Yu Ying Pcs
- Source document
- Washington Yu Ying Board of Trustees Meeting Minutes 2023-07-11 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by Washington Yu Ying Pcs?
TRUIST was awarded this financial services contract by Washington Yu Ying Pcs, as recorded on July 11, 2023. The contract value is $1 million in capitalized interest and $1.5 million in debt service reserved fund under the Truist scenario.
How much is the TRUIST contract with Washington Yu Ying Pcs worth?
The TRUIST contract with Washington Yu Ying Pcs is valued at $1 million in capitalized interest and $1.5 million in debt service reserved fund under the Truist scenario, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Washington Yu Ying Board of Trustees Meeting Minutes 2023-07-11 (Minutes), dated July 11, 2023 from Washington Yu Ying Pcs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does TRUIST hold?
TRUIST 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 Washington Yu Ying Pcs currently buying?
Explore Washington Yu Ying Pcs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.