Civic IQ
FINANCIAL_SERVICESAWARDED

Town of Groton Awards $26,525,000 Financial Services Contract to Bancroft Capital Llc (February 2026)

The Groton Select Board awarded a $26,525,000 General Obligation Municipal Purpose Loan of 2026 Bonds to Bancroft Capital, LLC. This bond issuance will finance municipal improvements over a 20-year period, with a TIC of 3.314980%.

Document date · February 2, 2026

Issuing agencyTown of GrotonVendorBancroft Capital Llc

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$26,525,000
Contract type
FINANCIAL_SERVICES
Contract term
February 2, 2026 – February 1, 2046
Renewal date
2046-02-01
Renewal
Single issuance with maturities through February 1, 2046. Extensions not applicable for this type.
Document type
Agenda
Source document
Town of Groton Select Board Meeting Agenda February 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 Groton?

Bancroft Capital Llc was awarded this financial services contract by Town of Groton, as recorded on February 2, 2026. The contract value is $26,525,000.

How much is the Bancroft Capital Llc contract with Town of Groton worth?

The Bancroft Capital Llc contract with Town of Groton is valued at $26,525,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Groton Select Board Meeting Agenda February 2026 (Agenda), dated February 2, 2026 from Town of Groton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bancroft Capital Llc hold?

Bancroft Capital Llc 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 Bancroft Capital Llc's profile

What is Town of Groton currently buying?

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