$25M Project Fund Secured at Centerville Bank
- Disclosed value
- $25 million at 5 percent interest
- From minutes
- Document date
- Oct 30, 2024
The 30-second brief
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.
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
- Vendor
- Centerville Bank
- Source document
- north-providence-school-building-committee-meeting-minutes-10-30-2024_67a.pdf (Minutes)
Centerville Bank's other public contracts
More North Providence School District contracts
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.