CONTRACTAPPROVED

Town of Weston Awards Financial Services Contract to Cogent Bank (May 2026)

Town of Weston
Disclosed value
Principal amount not to exceed $391,000
From agenda
Approved
May 7, 2026
Term
Four years

The 30-second brief

What it covers

The Weston Board of Selectmen authorized a four-year lease purchase agreement with Cogent Bank, as co-lessee with the Board of Education, to finance up to $391,000 in school technology equipment. The Board of Education will be responsible for all payment obligations under the lease.

Who holds it

Cogent Bank holds this financial services contract with Town of Weston. Its other public contracts on record include work for South Hunterdon Regional School District and Tompkins-Seneca-Tioga Boces.

What happens next

Term as filed: Four years.

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Contract details

Contract type
Financial Services
Amount
Principal amount not to exceed $391,000
Document date
May 7, 2026
Term
Four years
Source document
Town of Weston Board of Selectmen Meeting Agenda May 2026 (Agenda)

Cogent Bank's other public contracts

More Town of Weston contracts

Questions about this contract

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

Cogent Bank was awarded this financial services contract by Town of Weston, as recorded on May 7, 2026. The contract value is Principal amount not to exceed $391,000.

How much is the Cogent Bank contract with Town of Weston worth?

The Cogent Bank contract with Town of Weston is valued at Principal amount not to exceed $391,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Weston Board of Selectmen Meeting Agenda May 2026 (Agenda), dated May 7, 2026 from Town of Weston. 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 Town of Weston currently buying?

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

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