FINANCIAL_SERVICESAPPROVED

Saugus School District Awards Financial Services Contract to Brownstone Investment Group Llc (June 2026)

The Saugus Board of Selectmen approved the sale of a $4,775,000 General Obligation Municipal Purpose Loan of 2026 bond issue to Brownstone Investment Group, LLC at a price of $5,193,583.50. The bonds, dated June 25, 2026, will mature annually from 2027 through 2046 with interest rates between 4% and 5%, and include standard disclosure and tax-compliance provisions.

Status
APPROVED
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Brownstone Investment Group Llc
Agency
Saugus School District · MA

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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
$4,775,000 (sale price $5,193,583.50 plus accrued interest, if any)
Contract type
FINANCIAL_SERVICES
Contract term
Bonds dated June 25, 2026, payable annually June 15, 2027–2046
Renewal date
2046-06-15
Renewal
General obligation bond issuance with scheduled annual maturities from 2027 through 2046; not a renewable services contract.
Document type
Minutes
Source document
Saugus Board of Selectmen Minutes 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Saugus School District?

Brownstone Investment Group Llc was awarded this financial services contract by Saugus School District, as recorded on June 17, 2026. The contract value is $4,775,000 (sale price $5,193,583.50 plus accrued interest, if any).

How much is the Brownstone Investment Group Llc contract with Saugus School District worth?

The Brownstone Investment Group Llc contract with Saugus School District is valued at $4,775,000 (sale price $5,193,583.50 plus accrued interest, if any), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Saugus Board of Selectmen Minutes 2026-06-17 (Minutes), dated June 17, 2026 from Saugus School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brownstone Investment Group Llc hold?

Brownstone Investment Group 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 Brownstone Investment Group Llc's profile

What is Saugus School District currently buying?

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

View Saugus School District's profile

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