FINANCIAL_SERVICESAPPROVED

Gervais School District 1 Awards Financial Services Contract to Piper Sander (September 2024)

The Gervais School District Board approved an investment strategy for $37.6 million in bond proceeds prepared by Piper Sander, allocating funds to secure accounts with staggered maturities to comply with arbitrage rules and generate approximately $1.68 million in interest for future projects.

Document date · September 19, 2024

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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
$37,631,773 (principal) plus projected $1,681,021.96 interest
Contract type
FINANCIAL_SERVICES
Contract term
Maturities over multiple years, majority within 3 years
Renewal
Investment plan includes multiple instruments with set maturity dates; quarterly reports will be provided to the Board, with most funds to be spent within three years.
Document type
AgendaPacket
Source document
Gervais School District AgendaPacket 2024-09-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Gervais School District 1?

Piper Sander was awarded this financial services contract by Gervais School District 1, as recorded on September 19, 2024. The contract value is $37,631,773 (principal) plus projected $1,681,021.96 interest.

How much is the Piper Sander contract with Gervais School District 1 worth?

The Piper Sander contract with Gervais School District 1 is valued at $37,631,773 (principal) plus projected $1,681,021.96 interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Gervais School District AgendaPacket 2024-09-19 (AgendaPacket), dated September 19, 2024 from Gervais School District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Piper Sander hold?

Piper Sander may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Gervais School District 1 currently buying?

Explore Gervais School District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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