FINANCIAL_SERVICESONGOING

Santander Bank Holds Lease Proceeds in Internal Escrow

Nederland Fire Protection District authorized Santander Bank, N.A. to hold $594,843.37 in an internal escrow account as lease proceeds for a new fire apparatus. The bank will release funds to the equipment vendor after the district confirms delivery and acceptance.

Status
ONGOING
Document date
July 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Santander Bank N.a.
Agency
Nederland Fire Protection District · CO

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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
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$594,843.37 held in internal escrow
Contract type
FINANCIAL_SERVICES
Contract term
Internal escrow holding from July 15, 2026 until equipment delivery, inspection, acceptance, and vendor payment authorization
Renewal
Escrow arrangement is temporary and terminates when equipment is accepted and funds are disbursed to the vendor.
Document type
Contract
Source document
Nederland Fire Protection District Contract Master Equipment Lease Purchase Agreement 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Nederland Fire Protection District?

Santander Bank N.a. was awarded this financial services contract by Nederland Fire Protection District, as recorded on July 15, 2026. The contract value is $594,843.37 held in internal escrow.

How much is the Santander Bank N.a. contract with Nederland Fire Protection District worth?

The Santander Bank N.a. contract with Nederland Fire Protection District is valued at $594,843.37 held in internal escrow, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Nederland Fire Protection District Contract Master Equipment Lease Purchase Agreement 2026-07-15 (Contract), dated July 15, 2026 from Nederland Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Santander Bank N.a. hold?

Santander Bank N.a. 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 Santander Bank N.a.'s profile

What is Nederland Fire Protection District currently buying?

Explore Nederland Fire Protection District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Nederland Fire Protection District's profile

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