Touchstone Bank submits equipment financing bid
- Disclosed value
- Up to $2,750,000
- From report
- Document date
- Oct 9, 2020
The 30-second brief
Touchstone Bank presented Dinwiddie County with a 1.75% equipment financing proposal that includes a $25,000 prepayment penalty in the first 18 months and par prepayment thereafter. The offer contemplates closing by November 25, 2020 with lender’s counsel fees of $3,000.
Touchstone Bank holds this financial services contract with Dinwiddie County Public Schools. Its other public contracts on record include work for Dinwiddie County Water Authority and City of Henderson.
Term as filed: Closing by 11/25/2020; first payment 8/1/2021; final maturity not explicitly stated (likely 8/1/2030).
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $2,750,000
- Document date
- October 9, 2020
- Term
- Closing by 11/25/2020; first payment 8/1/2021; final maturity not explicitly stated (likely 8/1/2030)
- Vendor
- Touchstone Bank
- Source document
- dinwiddie-county-public-schools-report-2020-10-09_d5f.pdf (Report)
Touchstone Bank's other public contracts
More Dinwiddie County Public Schools contracts
Questions about this contract
Who was awarded the financial services contract by Dinwiddie County Public Schools?
Touchstone Bank was awarded this financial services contract by Dinwiddie County Public Schools, as recorded on October 9, 2020. The contract value is Up to $2,750,000.
How much is the Touchstone Bank contract with Dinwiddie County Public Schools worth?
The Touchstone Bank contract with Dinwiddie County Public Schools is valued at Up to $2,750,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in dinwiddie-county-public-schools-report-2020-10-09_d5f.pdf (Report), dated October 9, 2020 from Dinwiddie County Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Touchstone Bank hold?
Touchstone 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 Dinwiddie County Public Schools currently buying?
Explore Dinwiddie County Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.