Franklin Township Public School District Awards Financial Services Contract to Citigroup Global Markets (July 2025)
Franklin Township Public School DistrictSchool · Somerset, NJ- Disclosed value
- Not to exceed $61,500,000 (bond sale proceeds)
- From agenda
- Approved
- Jul 24, 2025
The 30-second brief
The Board authorized the sale of up to $61,500,000 in refunding school bonds to Citigroup Global Markets as underwriter, approving a Purchase Contract to be executed by district officials. The transaction aims to achieve interest cost savings by refunding outstanding 2015 school bonds.
Citigroup Global Markets holds this financial services contract with Franklin Township Public School District. Its other public contracts on record include work for City of Auburn Hills and City of Poway.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $61,500,000 (bond sale proceeds)
- Document date
- July 24, 2025
- Vendor
- Citigroup Global Markets
- Source document
- franklin_township_public_schools_board_of_educatio.pdf (Agenda)
Citigroup Global Markets's other public contracts
More Franklin Township Public School District contracts
Questions about this contract
Who was awarded the financial services contract by Franklin Township Public School District?
Citigroup Global Markets was awarded this financial services contract by Franklin Township Public School District, as recorded on July 24, 2025. The contract value is Not to exceed $61,500,000 (bond sale proceeds).
How much is the Citigroup Global Markets contract with Franklin Township Public School District worth?
The Citigroup Global Markets contract with Franklin Township Public School District is valued at Not to exceed $61,500,000 (bond sale proceeds), 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 franklin_township_public_schools_board_of_educatio.pdf (Agenda), dated July 24, 2025 from Franklin Township Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Citigroup Global Markets hold?
Citigroup Global Markets 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 Franklin Township Public School District currently buying?
Explore Franklin Township Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.