CONTRACTONGOING

$25M Project Fund Secured at Centerville Bank

North Providence School District logoNorth Providence School District
Disclosed value
$25 million at 5 percent interest
From minutes
Document date
Oct 30, 2024

The 30-second brief

What it covers

The district placed $25 million in bond funds with Centerville Bank at a 5 percent interest rate to support vendor payments and capital construction financing for school projects.

Who holds it

Centerville Bank holds this financial services contract with North Providence School District. Its other public contracts on record include work for Lincoln Fire Protection District.

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Contract details

Contract type
Financial Services
Amount
$25 million at 5 percent interest
Document date
October 30, 2024
Source document
north-providence-school-building-committee-meeting-minutes-10-30-2024_67a.pdf (Minutes)

Centerville Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by North Providence School District?

Centerville Bank was awarded this financial services contract by North Providence School District, as recorded on October 30, 2024. The contract value is $25 million at 5 percent interest.

How much is the Centerville Bank contract with North Providence School District worth?

The Centerville Bank contract with North Providence School District is valued at $25 million at 5 percent interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in north-providence-school-building-committee-meeting-minutes-10-30-2024_67a.pdf (Minutes), dated October 30, 2024 from North Providence School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Centerville Bank hold?

Centerville 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 North Providence School District currently buying?

Explore North Providence School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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