Mechanicsburg Area SD Awards Financial Services Contract to Janney Montgomery Scott LLC (October 2025)
Mechanicsburg Area SDSchool · Mechanicsburg, PA- Disclosed value
- $8,870,000 aggregate principal amount of General Obligation Bonds, Series of 2025 (purchase price per winning bid $10,356,016.85 preliminary for $9,355,000 par, subject to adjustment)
- From resolution
- Awarded
- Oct 7, 2025
- Renews
- Free account
The 30-second brief
Mechanicsburg Area School District approved a private sale of its $8.87 million General Obligation Bonds, Series of 2025, to Janney Montgomery Scott LLC to refund a portion of its 2018 bonds and cover issuance costs. The winning bid features 5% coupons on serial maturities through 2035 at a premium purchase price.
Janney Montgomery Scott LLC holds this financial services contract with Mechanicsburg Area SD. Its other public contracts on record include work for Utah Office of the State Treasurer | State of Utah and Town of Ledyard.
The renewal date is on record. A free account shows it, with the renewals for every Mechanicsburg Area SD contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $8,870,000 aggregate principal amount of General Obligation Bonds, Series of 2025 (purchase price per winning bid $10,356,016.85 preliminary for $9,355,000 par, subject to adjustment)
- Document date
- October 7, 2025
- Term
- Bonds mature May 15, 2026 through May 15, 2035; interest payable semi-annually beginning May 15, 2026
- Renews
- Free account
- Agency
- Mechanicsburg Area SD
- Source document
- Mechanicsburg Area School District Resolution Refunding Bonds 2025-10-07 (Resolution)
Janney Montgomery Scott LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Mechanicsburg Area SD?
Janney Montgomery Scott LLC was awarded this financial services contract by Mechanicsburg Area SD, as recorded on October 7, 2025. The contract value is $8,870,000 aggregate principal amount of General Obligation Bonds, Series of 2025 (purchase price per winning bid $10,356,016.85 preliminary for $9,355,000 par, subject to adjustment).
How much is the Janney Montgomery Scott LLC contract with Mechanicsburg Area SD worth?
The Janney Montgomery Scott LLC contract with Mechanicsburg Area SD is valued at $8,870,000 aggregate principal amount of General Obligation Bonds, Series of 2025 (purchase price per winning bid $10,356,016.85 preliminary for $9,355,000 par, subject to adjustment), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Mechanicsburg Area School District Resolution Refunding Bonds 2025-10-07 (Resolution), dated October 7, 2025 from Mechanicsburg Area SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Janney Montgomery Scott LLC hold?
Janney Montgomery Scott LLC 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 Mechanicsburg Area SD currently buying?
Explore Mechanicsburg Area SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.