Shawnee Schools Approve Bond Financial Advisory Contract
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Description
The Shawnee Board of Education approved an agreement with Stephen L. Smith Corp. for financial advisory services regarding upcoming General Obligation Bond issues. The advisor will receive a fee equal to 1% of bonds issued up to $30,000, plus reimbursable expenses, with service through to bond settlement or a follow-up election if necessary.
Contract Details
Contract Amount
1.00% of all bonds issued, not to exceed $30,000.00, plus expenses
Vendor
STEPHEN L. SMITH CORP
Agency
Shawnee Public Schools, OK
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Contract Term
From date of signing to settlement date of the Issue, or up to one year if bond election fails and another election is called within one year
Renewal Info
If the bond election fails and a new election is called within one year, the agreement remains in effect for the subsequent election. Term is otherwise per bond issue settlement.
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