Town of Andover Awards Financial Services Contract to Oppenheimer & Co (June 2026)

Scope & details

The full contract record, as filed.

Contract amount

$367,000 (short-term bond anticipation note), net interest cost 4.7206% with $50 premium

Contract type

FINANCIAL_SERVICES

Contract term

Dated June 30, 2026; short-term note to be rolled into long-term debt for $350,000 portion in December 2026; $17,000 likely paid off at maturity

Renewal date

2026-12-31

Renewal

$350,000 portion is expected to be rolled into long-term debt in December 2026; the $17,000 portion is likely to be paid off at note maturity.

Document type

Minutes

Source document

Town of Andover Select Board Meeting Minutes 2026-06-15

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Oppenheimer & Co was awarded this financial services contract by Town of Andover, as recorded on June 15, 2026. The contract value is $367,000 (short-term bond anticipation note), net interest cost 4.7206% with $50 premium.

How much is the Oppenheimer & Co contract with Town of Andover worth?

The Oppenheimer & Co contract with Town of Andover is valued at $367,000 (short-term bond anticipation note), net interest cost 4.7206% with $50 premium, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Andover Select Board Meeting Minutes 2026-06-15 (Minutes), dated June 15, 2026 from Town of Andover. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oppenheimer & Co hold?

Oppenheimer & Co may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Oppenheimer & Co's profile

What is Town of Andover currently buying?

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

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