City of Denison Awards Financial Services Contract to Cogent Bank (May 2025)
City of DenisonCity · Denison, TX- Disclosed value
- Not to exceed $615,600
- From resolution
- Approved
- May 19, 2025
- Term
- Not to exceed five years from closing
The 30-second brief
The City of Denison approved Resolution 4200 to finance production network servers, an asphalt zipper, a Key Trak System, and tire balancing and mounting machines through Cogent Bank. The financing will not exceed $615,600, with an interest rate capped at 3.93% and a term of up to five years from closing.
Cogent Bank holds this financial services contract with City of Denison. Its other public contracts on record include work for South Hunterdon Regional School District and Tompkins-Seneca-Tioga Boces.
Term as filed: Not to exceed five years from closing.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $615,600
- Document date
- May 19, 2025
- Term
- Not to exceed five years from closing
- Vendor
- Cogent Bank
- Agency
- City of Denison
- Source document
- City of Denison Resolution Approving Financing Terms May 2025 (Resolution)
Cogent Bank's other public contracts
More City of Denison contracts
Questions about this contract
Who was awarded the financial services contract by City of Denison?
Cogent Bank was awarded this financial services contract by City of Denison, as recorded on May 19, 2025. The contract value is Not to exceed $615,600.
How much is the Cogent Bank contract with City of Denison worth?
The Cogent Bank contract with City of Denison is valued at Not to exceed $615,600, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Denison Resolution Approving Financing Terms May 2025 (Resolution), dated May 19, 2025 from City of Denison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cogent Bank hold?
Cogent Bank 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 City of Denison currently buying?
Explore City of Denison's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.