Award
City of Phoenix SR-20171030-41566a8467
Debt - CIC Lease Purchase
Recipient
BANK OF AMERICA, N.A.
Award Amount
$87,096.00
Ceiling
$87,096.00
Awarded
October 30, 2017
Identifier
SR-20171030-41566a8467
The City of Phoenix, a municipality government in Arizona, issued a purchase order on October 30, 2017, for a debt-related lease purchase agreement with Bank of America, N.A. The contract, categorized as a 'contract' acquisition, involved a total obligated amount of $87,096.00. The purchase included multiple line items: $26,000.00 for consulting/other professional services, $56,318.54 for city improvement interest, and $4,777.78 for additional consulting/other professional services. The award was part of a lease purchase arrangement, with notable contract requirements related to debt financing. The award was made in the United States, with jurisdiction in Arizona (AZ). The primary location associated with the award is the City of Phoenix at 200 W Washington St, Phoenix, AZ. The vendor, Bank of America, N.A., is a major financial institution likely to compete for similar debt and lease purchase awards in the public sector.
Description
Debt - CIC Lease Purchase