City of Phoenix SR-20171013-2cffa63f3e

Debt - CIC Lease Purchase

The City of Phoenix, a municipality government in Arizona, issued a purchase order on October 13, 2017, to Bank of America, N.A., for a debt lease purchase related to CIC lease financing. The order includes two line items: one for $60,000 for consulting/other professional services, and another for $129,907.50 for city improvement interest, totaling $189,907.50. The contract appears to be a single-transaction lease purchase agreement with no specified multi-year period. The award involves a financial services vendor, Bank of America, N.A., and is categorized under municipal government procurement.

Description

Debt - CIC Lease Purchase