R.W. Beard Awarded $11.9M Bond Contract
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Description
Board approved the low bid from R.W. Beard, Milwaukee, at an interest rate of 4.947 for the sale of $11,925,000 Taxable Combined Purpose Bonds, dated July 1, 2025. The premium for the bid was $715.50 with a net interest cost of $1,179,859.50.
Contract Details
Contract Amount
$11,925,000
Vendor
RW BEARD
Agency
Piedmont City School District, AL
Contract Type
Bond
Document Date
May 21, 2025
Contract Term
2 years
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piedmont-city-school-district-agenda-2025-05-21_9df.pdf
piedmont-city-school-district-meeting-minutes-2025-05-21_0dc.pdf
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