FINANCIAL_SERVICESAWARDED

Town of Groton Awards Financial Services Contract to Bancroft Capital Llc (February 2026)

The Town of Groton approved the award of a $24 million General Obligation Bond for school and water projects to Bancroft Capital, LLC, securing a premium of $2,363,843 at a true interest cost of 3.31%. The contract was approved unanimously on February 2, 2026.

Document date · February 2, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$24,000,000 GOB (premium $2,363,843)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Town of Groton Select Board Meeting Minutes February 2, 2026

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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 Groton?

Bancroft Capital Llc was awarded this financial services contract by Town of Groton, as recorded on February 2, 2026. The contract value is $24,000,000 GOB (premium $2,363,843).

How much is the Bancroft Capital Llc contract with Town of Groton worth?

The Bancroft Capital Llc contract with Town of Groton is valued at $24,000,000 GOB (premium $2,363,843), 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 Town of Groton Select Board Meeting Minutes February 2, 2026 (Minutes), dated February 2, 2026 from Town of Groton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bancroft Capital Llc hold?

Bancroft Capital Llc 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 Bancroft Capital Llc's profile

What is Town of Groton currently buying?

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