The Bank Of Nova Scotia
City-funded organization
The Bank of Nova Scotia, doing business as Scotiabank, is a Canadian multinational bank headquartered in Toronto that provides personal, commercial and corporate banking, including letter of credit and liquidity facility services. It has held a series of New York City Office of the Comptroller contracts since 1994 to provide letter of credit and liquidity facility services backing New York City general obligation bonds, together worth $24 million awarded all-time across 8 contracts; its one currently active contract, a $4,689,771 letter of credit services contract as of August 2026, was awarded through a competitive RFP.
- City contracts (active)
- $4,689,771 · 1 contract
- Awarded all-time
- $23,698,995 · 8 since 1994, incl. expired
- Paid to date
- $15,700,101
Holds contracts at
- Office of the Comptroller 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).
- TO PROVIDE LETTER OF CREDIT SERVICES FOR FY' 2004 SERIES A-4 Office of the Comptroller · CT101520040006219 $4,689,771
- LOC /LIQUITY FACILITY SERVICES NYC GO SERIES2008 J-9 BONDS Office of the Comptroller · CT101520080030223 · ended 2014 $4,420,000
- LIQUIDITY FACILITIES FOR FY'02 SUBSERIES A-7 BONDS Office of the Comptroller · CT101520020012340 · ended 2024 $3,791,819
- LETTER OF CREDIT SERVICES FOR FY'04 SERIES A-5 BONDS Office of the Comptroller · CT101520070004920 · ended 2013 $3,481,000
- TO PROVIDE LIQUIDITY FACILITIES SERVICES FOR NYC GO BONDS Office of the Comptroller · CT101520111420121 · ended 2013 $2,219,000
- LIQUIDITY FACILITY SERVICES FOR GO FY 95; B-3, B-5 & B-6 Office of the Comptroller · CT10159969642 · ended 2011 $1,925,829
- LIQUIDITY FACILITIES FOR 2003 SERIES G-2 & H-2 Office of the Comptroller · CT101520030017046 · ended 2011 $1,634,576
- TO RETAIN LIQUIDITY FACILITY SERVICES FOR NYC GO BONDS Office of the Comptroller · CT101520121411930 · ended 2014 $1,537,000