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City of Andover Awards Financial Services Contract to Janney Montgomery Scott LLC (May 2024)

City of Andover logoCity of Andover
Disclosed value
$25,155,000 (Net interest cost $7,457,833.86)
From agenda
Awarded
May 14, 2024

The 30-second brief

What it covers

The City of Andover awarded Janney Montgomery Scott LLC the purchase of $25,155,000 in Series A 2024 General Obligation Bonds at a net interest cost of $7,457,833.86.

Who holds it

Janney Montgomery Scott LLC holds this financial services contract with City of Andover. Its other public contracts on record include work for Utah Office of the State Treasurer | State of Utah and Town of Ledyard.

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Contract details

Contract type
Financial Services
Amount
$25,155,000 (Net interest cost $7,457,833.86)
Document date
May 14, 2024
Vendor
Janney Montgomery Scott LLC
Agency
City of Andover
Source document
city_council_agenda_may_14_2024.pdf (Agenda)

Janney Montgomery Scott LLC's other public contracts

Utah Office of the State Treasurer | State of Utah, UtahJanney Montgomery Scott Dealer Listing Not Renewed · Sep 17, 2026UndisclosedTown of Ledyard, ConnecticutBill Library Association Portfolios Managed by Janney · Aug 14, 2026UndisclosedTown of Greenwich, ConnecticutJanney Montgomery Scott LLC Approved as Broker · May 14, 2026UndisclosedUniversity Of Minnesota-Rochester, MinnesotaDebt Advisory Contract Amended and Assigned from Janney · Feb 12, 2026UndisclosedUniversity of Minnesota Board of Regents, MinnesotaOriginal Debt Advisory Role Concluded for Janney Montgomery Scott LLC · Feb 12, 2026UndisclosedAll Janney Montgomery Scott LLC contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Andover?

Janney Montgomery Scott LLC was awarded this financial services contract by City of Andover, as recorded on May 14, 2024. The contract value is $25,155,000 (Net interest cost $7,457,833.86).

How much is the Janney Montgomery Scott LLC contract with City of Andover worth?

The Janney Montgomery Scott LLC contract with City of Andover is valued at $25,155,000 (Net interest cost $7,457,833.86), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city_council_agenda_may_14_2024.pdf (Agenda), dated May 14, 2024 from City of Andover. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Janney Montgomery Scott LLC hold?

Janney Montgomery Scott LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Andover currently buying?

Explore City of Andover's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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