FINANCIAL_SERVICESAPPROVED

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

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.

Status
APPROVED
Document date
May 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Cogent Bank
Agency
Town of Weston · CT

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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
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
Principal amount not to exceed $391,000
Contract type
FINANCIAL_SERVICES
Contract term
Four years
Renewal
Single four-year lease purchase term; no renewals described in the resolution.
Document type
Agenda
Source document
Town of Weston Board of Selectmen Meeting Agenda May 2026

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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 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.

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.

View Cogent Bank's 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.

View Town of Weston's profile

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