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