FINANCIAL_SERVICESAWARDED

Town of Chelmsford Awards Financial Services Contract to Huntington Securities Inc (June 2026)

The Town of Chelmsford awarded its $19.27 million one-year General Obligation Bond Anticipation Notes to Huntington Securities, Inc. at a net interest cost of 2.73%. The notes, maturing July 7, 2027, will provide interim financing for new fire stations, the South Row School roof, and the Parker School feasibility study.

Status
AWARDED
Document date
June 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Huntington Securities Inc
Agency
Town of Chelmsford · MA

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WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$19,272,739 (par amount of BANs; NIC 2.729%)
Contract type
FINANCIAL_SERVICES
Contract term
One-year BANs dated July 7, 2026, due July 7, 2027
Renewal date
2027-07-07
Renewal
Short-term BANs are intended to be refinanced or paid off at maturity, likely through future bond issuance; no automatic renewal.
Document type
AgendaPacket
Source document
Town of Chelmsford Select Board Meeting Agenda Packet 2026-06-29

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Huntington Securities Inc was awarded this financial services contract by Town of Chelmsford, as recorded on June 29, 2026. The contract value is $19,272,739 (par amount of BANs; NIC 2.729%).

How much is the Huntington Securities Inc contract with Town of Chelmsford worth?

The Huntington Securities Inc contract with Town of Chelmsford is valued at $19,272,739 (par amount of BANs; NIC 2.729%), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Chelmsford Select Board Meeting Agenda Packet 2026-06-29 (AgendaPacket), dated June 29, 2026 from Town of Chelmsford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Huntington Securities Inc hold?

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

View Huntington Securities Inc's profile

What is Town of Chelmsford currently buying?

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

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