Webster Submits 15-Year Loan Proposal to County

Scope & details

The full contract record, as filed.

Contract amount

Approximately $2,117,000 par; 4.45% interest (combined option)

Contract type

FINANCIAL_SERVICES

Contract term

15 years (anticipated closing September 18, 2026; final maturity August 1, 2041)

Renewal date

2041-08-01

Renewal

Single 15‑year loan structure with specified call premium schedule; no automatic renewals but prepayment allowed with premiums during early years.

Document type

AgendaPacket

Source document

Edgecombe County Board of Commissioners Agenda Packet 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Edgecombe County?

WEBSTER was awarded this financial services contract by Edgecombe County, as recorded on August 3, 2026. The contract value is Approximately $2,117,000 par; 4.45% interest (combined option).

How much is the WEBSTER contract with Edgecombe County worth?

The WEBSTER contract with Edgecombe County is valued at Approximately $2,117,000 par; 4.45% interest (combined option), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Edgecombe County Board of Commissioners Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from Edgecombe County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does WEBSTER hold?

WEBSTER may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Edgecombe County currently buying?

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