FINANCIAL_SERVICESAPPROVED

Duck Creek Library Tax District Awards Financial Services Contract to Merrill Lynch (March 2026)

The Duck Creek Regional Library Board approved establishing a Capital Reserve Fund with Merrill Lynch to ladder CDs over five years with an initial investment exceeding $20,000. The agreement allows adding corporate bonds when yield conditions are favorable while explicitly excluding Blackrock products.

Status
APPROVED
Document date
March 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Merrill Lynch
Agency
Duck Creek Library Tax District · DE

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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
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
add $10K for 1st year CD ($20K+ total)
Contract type
FINANCIAL_SERVICES
Contract term
5-year CD ladder
Renewal
Capital Reserve Fund structured as a 5-year CD ladder with ability to reinvest maturing CDs and add corporate bonds based on yield environment.
Document type
Minutes
Source document
Duck Creek Regional Library Board of Directors Minutes 2026-03-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Duck Creek Library Tax District?

Merrill Lynch was awarded this financial services contract by Duck Creek Library Tax District, as recorded on March 12, 2026. The contract value is add $10K for 1st year CD ($20K+ total).

How much is the Merrill Lynch contract with Duck Creek Library Tax District worth?

The Merrill Lynch contract with Duck Creek Library Tax District is valued at add $10K for 1st year CD ($20K+ total), 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 Duck Creek Regional Library Board of Directors Minutes 2026-03-12 (Minutes), dated March 12, 2026 from Duck Creek Library Tax District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merrill Lynch hold?

Merrill Lynch 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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What is Duck Creek Library Tax District currently buying?

Explore Duck Creek Library Tax District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Duck Creek Library Tax District's profile

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