Remarketing agreement related to the LIPA series 2026A electric system general revenue bonds

BOFA Securities Inc. has been awarded a contract by the Long Island Power Authority (LIPA), a New York state entity, with an effective period from March 15, 2026, through March 14, 2030. The contract carries a cumulative value of $500,000.00. The specific products and services to be delivered under this contract are not detailed in the available contract documentation.

Without additional specification sheets, statements of work, or scope of services documentation, the precise nature of deliverables cannot be definitively stated. However, given the contractor's primary business as a financial services and securities firm, services rendered may reasonably be expected to encompass financial advisory, investment banking, or capital markets support activities related to LIPA's operational or infrastructure financing needs. The four-year performance period and contract structure suggest a term-based engagement rather than a discrete project delivery.