Bank Of America Na
City-funded organization
Bank of America NA is a national bank that provides NYC government banking services, including letters of credit, liquidity/standby bond purchase facilities for General Obligation bonds, and general banking services for tax collection, under contracts with the Office of the Comptroller and Department of Finance. It holds $36.5 million in active city contracts as of August 2026 and $162.8 million awarded since 2003 across 31 contracts; 34% of that value ($54.9 million, 14 contracts) was awarded without a fresh competitive bid, via renewals, contract conversions, and assignments.
- Industry (per city contracts)
- Professional Services
- City contracts (active)
- $36,547,400 · 4 contracts
- Awarded all-time
- $168,788,220 · 32 since 2003, incl. expired
- Paid to date
- $142,157,805
- Won without a fresh bid
- 33% of contract value · $54,946,314 · 14 contracts
- Based in
- New York, NY
Holds contracts at
- Department of Finance City agency
- Office of the Comptroller City agency
Funded by these agencies
- Debt Service City agency
- Department of Finance City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Office of the Comptroller · CT101520131424244 $18,677,400
- LIQUIDITY FACILITY SERVICES FOR NYC GO 2008 L-3 Office of the Comptroller · CT101520080030237 $9,883,000
- Liquidity Services for NYC GO 2026 H-4 Bonds Office of the Comptroller · CT101520261418136 $5,987,000
- Liquidity Services for NYC GO 2025 G-2 Bonds Office of the Comptroller · CT101520260001576 $2,000,000
- FOR NYC GO BONDS SERIES FY'2006 E-2, E-3 AND E-4 Office of the Comptroller · CT101520060015006 · ended 2025 $31,844,000
- Business & Excise Tax Lockbox plus Automated Mortgagee Pmts Department of Finance · CT183620121425517 · ended 2014 $21,882,738
- Business & Excise Tax Payments Department of Finance · CT183620101416864 · ended 2010 $12,000,000
- TO PROVIDE LOC SERVICES FOR NYC GO FY'06, I-3, I-7, I-8 Office of the Comptroller · CT101520060038996 · ended 2021 $9,750,100
- LETTER OF CREDIT FOR NYC BONDS FY'04, SERIES A-2 Office of the Comptroller · CT101520040006251 · ended 2018 $9,072,000
- PROVIDE LOC SERVICES FOR NYC GO 2004; SERIES H-6 Office of the Comptroller · CT101520060017685 · ended 2025 $6,924,729
Largest payments, by purpose
The organization's largest individual city payments (roughly $25,000 and up), grouped by purpose, to show what recent money was for. This is NOT a total — smaller payments aren't listed; see “Paid to date” above for the complete amount paid against its contracts. Fiscal years 2020 and later.
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2021 · 4 payments $1,461,366
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2023 · 6 payments $1,368,628
- STANDBY BOND PURCHASE AGREEMENT Debt Service · FY2020 · 4 payments $967,000
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2025 · 4 payments $956,095
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2024 · 4 payments $954,568
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2020 · 3 payments $865,274
- General Banking Services Department of Finance · FY2021 · 3 payments $777,826
- STANDBY BOND PURCHASE AGREEMENT Debt Service · FY2021 · 4 payments $776,840
- LIQUIDITY FACILITY SERVICES FOR NYC GO 2008 L-3 Debt Service · FY2021 · 5 payments $733,277
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2022 · 3 payments $728,867
- FOR NYC GO BONDS SERIES FY'2006 E-2, E-3 AND E-4 Debt Service · FY2021 · 5 payments $726,883
- GENERAL OBLIGATION BONDS, FY 2013, SERIES F, SUBSERIES F-3 Debt Service · FY2026 · 3 payments $714,917
- FOR NYC GO BONDS SERIES FY'2006 E-2, E-3 AND E-4 Debt Service · FY2022 · 4 payments $581,825
- General Banking Services Department of Finance · FY2022 · 2 payments $519,777
- Liquidity Services for NYC GO 2025 G-2 Bonds Debt Service · FY2026 · 5 payments $490,592
- LIQUIDITY FACILITY SERVICES FOR NYC GO 2008 L-3 Debt Service · FY2024 · 4 payments $459,397
- FOR NYC GO BONDS SERIES FY'2006 E-2, E-3 AND E-4 Debt Service · FY2023 · 5 payments $442,445
- FOR NYC GO BONDS SERIES FY'2006 E-2, E-3 AND E-4 Debt Service · FY2020 · 4 payments $438,362
- LIQUIDITY FACILITY SERVICES FOR NYC GO 2008 L-3 Debt Service · FY2025 · 5 payments $434,949
- LIQUIDITY FACILITY SERVICES FOR NYC GO 2008 L-3 Debt Service · FY2023 · 4 payments $430,198