Merck & Co Long-Term Note Added to City Portfolio | City of Carlsbad | MERCK & CO

Scope & details

The full contract record, as filed.

Contract amount

$5,000,000.00 par (corporate note purchase)

Contract type

FINANCIAL_SERVICES

Contract term

06/25/2025 – 06/24/2030

Renewal date

2030-06-24

Renewal

Held as a long-term investment to 2030; renewal decisions will be evaluated near maturity.

Document type

Report

Source document

city_of_carlsbad_investment_report_june_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Carlsbad?

Merck & Co was awarded this financial services contract by City of Carlsbad, as recorded on September 9, 2025. The contract value is $5,000,000.00 par (corporate note purchase).

How much is the Merck & Co contract with City of Carlsbad worth?

The Merck & Co contract with City of Carlsbad is valued at $5,000,000.00 par (corporate note purchase), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_carlsbad_investment_report_june_2025.pdf (Report), dated September 9, 2025 from City of Carlsbad. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merck & Co hold?

Merck & Co 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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What is City of Carlsbad currently buying?

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

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