CONTRACTONGOING

OceanFirst Provides $8 Million District Collateral

Bethpage Wd logoBethpage Wd
Disclosed value
$8,000,000
From minutes
Document date
Oct 22, 2026

The 30-second brief

What it covers

Bethpage Water District reported an $8 million irrevocable stand-by letter of credit involving OceanFirst Bank. The credit will provide collateral for the District going forward.

Who holds it

Oceanfirst Bank holds this financial services contract with Bethpage Wd. Its other public contracts on record include work for Cumberland County Improvement Authority and Lacey Township School District.

What happens next

Term as filed: Going forward; dated correspondence October 13, 2026.

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Contract details

Contract type
Financial Services
Amount
$8,000,000
Document date
October 22, 2026
Term
Going forward; dated correspondence October 13, 2026
Source document
Bethpage Water District Minutes Board of Commissioners Meeting 2026-10-22 (Minutes)

Oceanfirst Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Bethpage Wd?

Oceanfirst Bank was awarded this financial services contract by Bethpage Wd, as recorded on October 22, 2026. The contract value is $8,000,000.

How much is the Oceanfirst Bank contract with Bethpage Wd worth?

The Oceanfirst Bank contract with Bethpage Wd is valued at $8,000,000, 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 Bethpage Water District Minutes Board of Commissioners Meeting 2026-10-22 (Minutes), dated October 22, 2026 from Bethpage Wd. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Oceanfirst Bank hold?

Oceanfirst 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 Bethpage Wd currently buying?

Explore Bethpage Wd's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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