Compton Unified Awards Financial Services Contract to Stifel Nicolaus & Company (July 2026)

The Compton Unified School District Board approved Resolution No. 26/27-008 authorizing up to $15 million in 2026 General Obligation Refunding Bonds, to be sold on a negotiated basis to Stifel, Nicolaus & Co. as underwriter. The refinancing is intended to generate taxpayer savings by refunding existing general obligation bonds with more favorable terms.

Scope & details

The full contract record, as filed.

Contract amount

Aggregate principal amount not to exceed $15,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Financing expected to close at the end of August 2026; bond term not specified

Document type

Agenda

Source document

Compton Unified School District Agenda Special Meeting of the Board of Trustees 2026-07-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Compton Unified?

Stifel Nicolaus & Company was awarded this financial services contract by Compton Unified, as recorded on July 28, 2026. The contract value is Aggregate principal amount not to exceed $15,000,000.

How much is the Stifel Nicolaus & Company contract with Compton Unified worth?

The Stifel Nicolaus & Company contract with Compton Unified is valued at Aggregate principal amount not to exceed $15,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Compton Unified School District Agenda Special Meeting of the Board of Trustees 2026-07-28 (Agenda), dated July 28, 2026 from Compton Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stifel Nicolaus & Company hold?

Stifel Nicolaus & Company 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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