Build America Mutual Assurance Company (BAM), the nation's first mutual municipal bond insurer endorsed by the National League of Cities, recently reported that Standard & Poor's Ratings Services (S&P) has affirmed BAM's AA/Stable financial strength rating -- the industry's highest S&P rating.
When it comes to public procurement, using a cooperative purchasing program is a common practice for cities and towns. U.S. Communities is committed to offering comprehensive business solutions that help agencies maximize cost-control while also improving operational efficiencies and performance.
The City of Detroit, Mich. and the City of Monroe, N.C. save their residents more than $1/2 million on the cost of their prescriptions through the NLC Prescription Discount Card Program.
On behalf of the National League of Cities, U.S. Communities Government Purchasing Alliance recently honored the City of Fort Lauderdale, Fla. for saving taxpayer dollars through the use of cooperative purchasing.
With the endorsement of NLC, Build America Mutual (BAM) provides cities and towns not only access to municipal bond insurance that will facilitate their financing and reduce their costs, but also the unique benefits of membership in a mutual insurance company.
In this introductory postcast, you will learn more about the characterstics and strengths of Build America Mutual and meet some of the key executives of the company.
NLC offers products and services that provide value-added solutions and cost savings to cities. By developing strategic business relationships with private companies and nonprofit organizations, these solutions help meet your city's critical needs and stretch your city budget.
