CONTRACTREJECTED

Janney Montgomery Scott LLC Submits Bid for BAN Issue

Disclosed value: $8,520,000 principal, $8,600,002.80 purchase price (bid not awarded); From agenda
Document date: Jun 30, 2025
Term: Bid for July 8, 2025 – July 7, 2026

What it covers

Janney Montgomery Scott LLC submitted a bid to underwrite $8,520,000 in Southbury general obligation notes but was not selected. Their bid had a higher net interest cost than the winning firm.

Who holds it

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

What happens next

Term as filed: Bid for July 8, 2025 – July 7, 2026.

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Contract details

Contract type: Financial Services
Amount: $8,520,000 principal, $8,600,002.80 purchase price (bid not awarded)
Document date: June 30, 2025
Term: Bid for July 8, 2025 – July 7, 2026
Vendor: Janney Montgomery Scott LLC
Agency: Town of Southbury
Source document: Town of Southbury Board of Finance Meeting Agenda June 30 2025 (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, 2026Undisclosed Town of Ledyard, ConnecticutBill Library Association Portfolios Managed by Janney · Aug 14, 2026Undisclosed Town of Greenwich, ConnecticutJanney Montgomery Scott LLC Approved as Broker · May 14, 2026Undisclosed University Of Minnesota-Rochester, MinnesotaDebt Advisory Contract Amended and Assigned from Janney · Feb 12, 2026Undisclosed University of Minnesota Board of Regents, MinnesotaOriginal Debt Advisory Role Concluded for Janney Montgomery Scott LLC · Feb 12, 2026Undisclosed All Janney Montgomery Scott LLC contractsVendor profile

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FLOCKSouthbury Removes Flock Security Proposal Consideration · Oct 19, 2026Undisclosed Nawrocki Smith LLPSouthbury Engages Nawrocki Smith for Internal Audit · Oct 19, 2026Undisclosed MILLIMANSouthbury Plans Milliman Pension Actuarial Review · Oct 19, 2026$16.8K NVCOGNVCOG Audit Resolves Southbury Bridge Liability · Oct 19, 2026$492K CLACLA Completes Draft Financial Statements for Southbury · Oct 19, 2026Undisclosed All Town of Southbury activityAgency profile

Questions about this contract

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

Janney Montgomery Scott LLC was awarded this financial services contract by Town of Southbury, as recorded on June 30, 2025. The contract value is $8,520,000 principal, $8,600,002.80 purchase price (bid not awarded).

How much is the Janney Montgomery Scott LLC contract with Town of Southbury worth?

The Janney Montgomery Scott LLC contract with Town of Southbury is valued at $8,520,000 principal, $8,600,002.80 purchase price (bid not awarded), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Southbury Board of Finance Meeting Agenda June 30 2025 (Agenda), dated June 30, 2025 from Town of Southbury. 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 Town of Southbury currently buying?

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

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