CONTRACTAWARDED

Coos County Awards Financial Services Contract to Northway Bank (December 2023)

Coos County
Disclosed value
$6,000,000 borrowed at 2.99% interest; $57,034.24 interest paid
From report
Awarded
Dec 31, 2023
Term
1 year

The 30-second brief

What it covers

Northway Bank was awarded Coos County’s tax anticipation note (TAN) contract, providing $6 million in short-term funding at 2.99% interest for 2023.

Who holds it

Northway Bank holds this financial services contract with Coos County. Its other public contracts on record include work for New Hampshire Municipal Bond Bank | State of New Hampshire and Strafford County.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Financial Services
Amount
$6,000,000 borrowed at 2.99% interest; $57,034.24 interest paid
Document date
December 31, 2023
Term
1 year
Source document
coos-county-report-2023-12-31_83a.pdf (Report)

Northway Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Coos County?

Northway Bank was awarded this financial services contract by Coos County, as recorded on December 31, 2023. The contract value is $6,000,000 borrowed at 2.99% interest; $57,034.24 interest paid.

How much is the Northway Bank contract with Coos County worth?

The Northway Bank contract with Coos County is valued at $6,000,000 borrowed at 2.99% interest; $57,034.24 interest paid, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in coos-county-report-2023-12-31_83a.pdf (Report), dated December 31, 2023 from Coos County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Northway Bank hold?

Northway 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 Coos County currently buying?

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

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