CONTRACTAPPROVED

Prince Edward County Awards Financial Services Contract to Webster Bank National Association (April 2024)

Prince Edward County logoPrince Edward County
Disclosed value
Not to exceed $4,984,000
From minutes
Approved
Apr 9, 2024
Term
12 or 15 years (financing term)

The 30-second brief

What it covers

The Board selected Webster Bank to provide equipment lease purchase financing for the $4.98M public safety radio system, with favorable fixed-term rates and early redemption flexibility.

Who holds it

Webster Bank National Association holds this financial services contract with Prince Edward County. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.

What happens next

Term as filed: 12 or 15 years (financing term).

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Contract details

Contract type
Financial Services
Amount
Not to exceed $4,984,000
Document date
April 9, 2024
Term
12 or 15 years (financing term)
Source document
prince-edward-county-board-of-supervisors-minutes-public-safety-radio-system-school-renovations-april-9-2024_4d5.md (Minutes)

Webster Bank National Association's other public contracts

More Prince Edward County contracts

Questions about this contract

Who was awarded the financial services contract by Prince Edward County?

Webster Bank National Association was awarded this financial services contract by Prince Edward County, as recorded on April 9, 2024. The contract value is Not to exceed $4,984,000.

How much is the Webster Bank National Association contract with Prince Edward County worth?

The Webster Bank National Association contract with Prince Edward County is valued at Not to exceed $4,984,000, 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 prince-edward-county-board-of-supervisors-minutes-public-safety-radio-system-school-renovations-april-9-2024_4d5.md (Minutes), dated April 9, 2024 from Prince Edward County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Webster Bank National Association hold?

Webster Bank National Association 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 Prince Edward County currently buying?

Explore Prince Edward County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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