First Internet Bank’s high-rate proposal rejected
Boone Community School DistrictSchool · Boone, IA- Disclosed value
- $4,206,000.00
- From report
- Document date
- Oct 17, 2019
- Term
- Final maturity 2024
The 30-second brief
First Internet Bank proposed to purchase $4,206,000 of Boone Community School District’s refunding bonds at a 3.25% interest rate, resulting in negative net savings. The District rejected this noncompetitive offer.
First Internet Bank holds this financial services contract with Boone Community School District. Its other public contracts on record include work for Town of Peninsula and Indian Boundary Conservancy District.
Term as filed: Final maturity 2024.
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Contract details
- Contract type
- Financial Services
- Amount
- $4,206,000.00
- Document date
- October 17, 2019
- Term
- Final maturity 2024
- Vendor
- First Internet Bank
- Source document
- boone-community-school-district-report-2019-10-17_4af.pdf (Report)
First Internet Bank's other public contracts
More Boone Community School District contracts
Questions about this contract
Who was awarded the financial services contract by Boone Community School District?
First Internet Bank was awarded this financial services contract by Boone Community School District, as recorded on October 17, 2019. The contract value is $4,206,000.00.
How much is the First Internet Bank contract with Boone Community School District worth?
The First Internet Bank contract with Boone Community School District is valued at $4,206,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in boone-community-school-district-report-2019-10-17_4af.pdf (Report), dated October 17, 2019 from Boone Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Internet Bank hold?
First Internet 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 Boone Community School District currently buying?
Explore Boone Community School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.