CONTRACTAPPROVED

Yadkin County Schools Awards Financial Services Contract to Bank of America National Association (May 2025)

Yadkin County Schools logoYadkin County Schools
Disclosed value
$1,991,075 purchase price deposited to escrow; financing amount not to exceed $2,100,000
From agendapacket
Approved
May 5, 2025

The 30-second brief

What it covers

Yadkin County Board of Education approved an installment financing contract with Bank of America, National Association to fund its energy conservation measures, depositing roughly $1.99 million into escrow within a total authorization up to $2.1 million. The agreement includes an LGC approval process and a rate lock through June 19, 2025.

Who holds it

Bank of America National Association holds this financial services contract with Yadkin County Schools. Its other public contracts on record include work for Maple Valley Public School District 4 and Town of Newtown.

What happens next

Term as filed: Installment Financing Contract dated as of June 10, 2025; Local Government Commission meeting June 3, 2025; rate lock expiration June 19, 2025.

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Contract details

Contract type
Financial Services
Amount
$1,991,075 purchase price deposited to escrow; financing amount not to exceed $2,100,000
Document date
May 5, 2025
Term
Installment Financing Contract dated as of June 10, 2025; Local Government Commission meeting June 3, 2025; rate lock expiration June 19, 2025
Source document
Yadkin County Schools Board of Education Agenda Packet 2025-05-05 (AgendaPacket)

Bank of America National Association's other public contracts

More Yadkin County Schools contracts

Questions about this contract

Who was awarded the financial services contract by Yadkin County Schools?

Bank of America National Association was awarded this financial services contract by Yadkin County Schools, as recorded on May 5, 2025. The contract value is $1,991,075 purchase price deposited to escrow; financing amount not to exceed $2,100,000.

How much is the Bank of America National Association contract with Yadkin County Schools worth?

The Bank of America National Association contract with Yadkin County Schools is valued at $1,991,075 purchase price deposited to escrow; financing amount not to exceed $2,100,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Yadkin County Schools Board of Education Agenda Packet 2025-05-05 (AgendaPacket), dated May 5, 2025 from Yadkin County Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of America National Association hold?

Bank of America National Association 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 Yadkin County Schools currently buying?

Explore Yadkin County Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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