CONTRACTPENDING

MMSD Plans $208 Million Note Sale With Baird

Madison Metropolitan School District logoMadison Metropolitan School District
Disclosed value
General Obligation Promissory Notes Series 2026A not to exceed $160,000,000; Bond Anticipation Notes Series 2026B not to exceed $48,000,000
From staffreport
Document date
Sep 28, 2026
Renews
Free account

The 30-second brief

What it covers

Madison Metropolitan School District plans to authorize Robert W. Baird & Company to purchase and underwrite up to $208 million of Phase 2 referendum notes. The financing includes up to $160 million of General Obligation Promissory Notes and up to $48 million of Bond Anticipation Notes, with sale planned for early October 2026.

Who holds it

Robert W. Baird & Co Incorporated holds this financial services contract with Madison Metropolitan School District. Its other public contracts on record include work for Cedarburg School District and Rothschild village.

What happens next

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Contract details

Contract type
Financial Services
Amount
General Obligation Promissory Notes Series 2026A not to exceed $160,000,000; Bond Anticipation Notes Series 2026B not to exceed $48,000,000
Document date
September 28, 2026
Term
Sale planned for early October 2026; Series 2026A repaid over 20 years; Series 2026B repaid on March 1, 2031
Renews
On record
Vendor
Robert W. Baird & Co Incorporated
Source document
Madison Metropolitan School District StaffReport Referendum Financing 2026-09-28 (StaffReport)

Robert W. Baird & Co Incorporated's other public contracts

More Madison Metropolitan School District contracts

Questions about this contract

Who was awarded the financial services contract by Madison Metropolitan School District?

Robert W. Baird & Co Incorporated was awarded this financial services contract by Madison Metropolitan School District, as recorded on September 28, 2026. The contract value is General Obligation Promissory Notes Series 2026A not to exceed $160,000,000; Bond Anticipation Notes Series 2026B not to exceed $48,000,000.

How much is the Robert W. Baird & Co Incorporated contract with Madison Metropolitan School District worth?

The Robert W. Baird & Co Incorporated contract with Madison Metropolitan School District is valued at General Obligation Promissory Notes Series 2026A not to exceed $160,000,000; Bond Anticipation Notes Series 2026B not to exceed $48,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Madison Metropolitan School District StaffReport Referendum Financing 2026-09-28 (StaffReport), dated September 28, 2026 from Madison Metropolitan School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is Madison Metropolitan School District currently buying?

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