FINANCIAL_SERVICESAWARDED

Town of Topsfield Awards Financial Services Contract to Truist Securities (April 2026)

The Topsfield Select Board approved the sale of $5,400,000 in April 2026 General Obligation Bond Anticipation Notes to Truist Securities at a net interest cost of 2.602%, aided by a $24,000 premium. The action finances prior water tank and water main projects and reflects strong market interest in the Town’s short-term debt.

Status
AWARDED
Document date
April 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Truist Securities
Agency
Town of Topsfield · MA

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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
$5,400,000 (bond anticipation notes; net interest cost 2.602%; approx. $24,000 premium)
Contract type
FINANCIAL_SERVICES
Contract term
April 2026 bond anticipation notes (short-term borrowing; exact maturity not stated)
Renewal
Single issuance of April 2026 bond anticipation notes; no renewal terms described in the minutes.
Document type
Minutes
Source document
Topsfield Select Board Minutes 2026-04-06

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Truist Securities was awarded this financial services contract by Town of Topsfield, as recorded on April 6, 2026. The contract value is $5,400,000 (bond anticipation notes; net interest cost 2.602%; approx. $24,000 premium).

How much is the Truist Securities contract with Town of Topsfield worth?

The Truist Securities contract with Town of Topsfield is valued at $5,400,000 (bond anticipation notes; net interest cost 2.602%; approx. $24,000 premium), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Topsfield Select Board Minutes 2026-04-06 (Minutes), dated April 6, 2026 from Town of Topsfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Securities hold?

Truist Securities 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 Truist Securities's profile

What is Town of Topsfield currently buying?

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

View Town of Topsfield's profile

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