FINANCIAL_SERVICESAPPROVED

Grossmont Union High Awards Financial Services Contract to Stifel Nicolaus & Company Incorporated (July 2026)

Grossmont Union High School District approved Stifel, Nicolaus & Company, Incorporated as a co-underwriter for up to $200 million in general obligation refunding bonds. Stifel will help structure, market, and sell the Series 2026A–C issues alongside Raymond James.

Status
APPROVED
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Stifel Nicolaus & Company Incorporated
Agency
Grossmont Union High · CA

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Underwriter’s discount not to exceed 0.4% of the aggregate principal amount of Refunding Bonds; estimated $75,988 for Series 2026A, $136,613 for Series 2026B, and $77,063 for Series 2026C (shared with Raymond James & Associates, Inc.)
Contract type
FINANCIAL_SERVICES
Document type
Resolution
Source document
Grossmont Union High School District Resolution Res. No. 2027-02 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Grossmont Union High?

Stifel Nicolaus & Company Incorporated was awarded this financial services contract by Grossmont Union High, as recorded on July 23, 2026. The contract value is Underwriter’s discount not to exceed 0.4% of the aggregate principal amount of Refunding Bonds; estimated $75,988 for Series 2026A, $136,613 for Series 2026B, and $77,063 for Series 2026C (shared with Raymond James & Associates, Inc.).

How much is the Stifel Nicolaus & Company Incorporated contract with Grossmont Union High worth?

The Stifel Nicolaus & Company Incorporated contract with Grossmont Union High is valued at Underwriter’s discount not to exceed 0.4% of the aggregate principal amount of Refunding Bonds; estimated $75,988 for Series 2026A, $136,613 for Series 2026B, and $77,063 for Series 2026C (shared with Raymond James & Associates, Inc.), 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 Grossmont Union High School District Resolution Res. No. 2027-02 2026-07-23 (Resolution), dated July 23, 2026 from Grossmont Union High. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stifel Nicolaus & Company Incorporated hold?

Stifel Nicolaus & Company Incorporated 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 Grossmont Union High currently buying?

Explore Grossmont Union High's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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