Town of Northbridge Awards $4,695,000 Financial Services Contract to Raymond James Associates (June 2024)

Raymond James Associates was awarded $4,695,000 in permanent bonds for the Northbridge Fire Station and Castle Hill Project at a true cost of 3.8%. The Board approved the execution of these financial instruments.

Document date · June 10, 2024

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Scope & details

The full contract record, as filed.

Contract amount

$4,695,000

Contract type

FINANCIAL_SERVICES

Contract term

Fire Station: 30 years; Castle Hill: 15 years

Renewal date

2054-06-10

Renewal

Permanent borrowing with set maturities (30 & 15 years); no renewal, fixed repayment schedule.

Document type

Minutes

Source document

Board of Selectmen Meeting Minutes June 10 2024

Frequently asked questions

Common questions about this contract, answered from the record.

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

Raymond James Associates was awarded this financial services contract by Town of Northbridge, as recorded on June 10, 2024. The contract value is $4,695,000.

How much is the Raymond James Associates contract with Town of Northbridge worth?

The Raymond James Associates contract with Town of Northbridge is valued at $4,695,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Board of Selectmen Meeting Minutes June 10 2024 (Minutes), dated June 10, 2024 from Town of Northbridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Raymond James Associates hold?

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

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