CONTRACTAPPROVED

Town of Derry Awards Financial Services Contract to Enterprise Bank (September 2025)

Town of Derry logoTown of Derry
Disclosed value
$957,410.65 (release) and replacement letter of credit $248,112.50
From minutes
Approved
Sep 3, 2025

The 30-second brief

What it covers

The Derry Planning Board approved Release #1 of $957,410.65 on Enterprise Bank Letter of Credit #7000590-1 for Denali Estates Phase IV and requested a replacement letter of credit for $248,112.50. The action adjusts the financial security held for the subdivision project.

Who holds it

Enterprise Bank holds this financial services contract with Town of Derry. Its other public contracts on record include work for Noah Webster Schools- Mesa and Economy Borough Municipal Authority.

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Contract details

Contract type
Financial Services
Amount
$957,410.65 (release) and replacement letter of credit $248,112.50
Document date
September 3, 2025
Source document
derry-planning-board-minutes-september-3-2025_d5b.pdf (Minutes)

Enterprise Bank's other public contracts

More Town of Derry contracts

Questions about this contract

Who was awarded the financial services contract by Town of Derry?

Enterprise Bank was awarded this financial services contract by Town of Derry, as recorded on September 3, 2025. The contract value is $957,410.65 (release) and replacement letter of credit $248,112.50.

How much is the Enterprise Bank contract with Town of Derry worth?

The Enterprise Bank contract with Town of Derry is valued at $957,410.65 (release) and replacement letter of credit $248,112.50, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in derry-planning-board-minutes-september-3-2025_d5b.pdf (Minutes), dated September 3, 2025 from Town of Derry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Enterprise Bank hold?

Enterprise 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 Town of Derry currently buying?

Explore Town of Derry's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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