FINANCIAL_SERVICESAWARDED

Madison County School District Awards Financial Services Contract to Frazer Lanier Company Incorporated (August 2025)

The Madison County Board of Education awarded The Frazer Lanier Company Incorporated the underwriting of its $27,185,000 Taxable Refunding and Capital Outlay Tax Anticipation Warrants, Series 2019-A. The Warrants were sold at a purchase price of $26,517,280.60 with maturities from 2020 through 2041.

Status
AWARDED
Document date
August 1, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Frazer Lanier Company Incorporated
Agency
Madison County School District · AL

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TerraCycle logo
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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
$26,517,280.60 purchase price for $27,185,000 Warrants (includes $429,850.65 original issue discount and $237,868.75 underwriter’s discount)
Contract type
FINANCIAL_SERVICES
Contract term
Warrants dated October 23, 2019, maturing annually 2020–2041
Renewal date
2041-09-01
Renewal
Single bond underwriting engagement tied to the Series 2019-A issuance; no renewal provisions noted.
Document type
Minutes
Source document
madison_county_board_of_education_special_session.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Madison County School District?

Frazer Lanier Company Incorporated was awarded this financial services contract by Madison County School District, as recorded on August 1, 2025. The contract value is $26,517,280.60 purchase price for $27,185,000 Warrants (includes $429,850.65 original issue discount and $237,868.75 underwriter’s discount).

How much is the Frazer Lanier Company Incorporated contract with Madison County School District worth?

The Frazer Lanier Company Incorporated contract with Madison County School District is valued at $26,517,280.60 purchase price for $27,185,000 Warrants (includes $429,850.65 original issue discount and $237,868.75 underwriter’s discount), 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 madison_county_board_of_education_special_session.pdf (Minutes), dated August 1, 2025 from Madison County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Frazer Lanier Company Incorporated hold?

Frazer Lanier Company Incorporated 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 Frazer Lanier Company Incorporated's profile

What is Madison County School District currently buying?

Explore Madison County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Madison County School District's profile

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