CONTRACTAPPROVED

Edgar School District Awards Financial Services Contract to Pma Consortium (August 2024)

Edgar School District logoEdgar School District
Disclosed value
Not to exceed $1.3 million, interest rate not to exceed 6%
From minutes
Approved
Aug 21, 2024
Term
Pricing and sale date September 12, 2024

The 30-second brief

What it covers

The Edgar School District Board authorized temporary borrowing through the PMA Consortium for up to $1.3 million at an interest rate capped at 6%, with pricing and sale set for September 12, 2024. The consortium arrangement is expected to provide a lower borrowing rate and a more efficient process.

Who holds it

Pma Consortium holds this financial services contract with Edgar School District.

What happens next

Term as filed: Pricing and sale date September 12, 2024.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $1.3 million, interest rate not to exceed 6%
Document date
August 21, 2024
Term
Pricing and sale date September 12, 2024
Source document
edgar_school_district_board_of_education_meeting_m.pdf (Minutes)

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Questions about this contract

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

Pma Consortium was awarded this financial services contract by Edgar School District, as recorded on August 21, 2024. The contract value is Not to exceed $1.3 million, interest rate not to exceed 6%.

How much is the Pma Consortium contract with Edgar School District worth?

The Pma Consortium contract with Edgar School District is valued at Not to exceed $1.3 million, interest rate not to exceed 6%, 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 edgar_school_district_board_of_education_meeting_m.pdf (Minutes), dated August 21, 2024 from Edgar School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pma Consortium hold?

Pma Consortium 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 Edgar School District currently buying?

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

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