CONTRACTAPPROVED

Nassau County School District, Facilities Dept. Awards Financial Services Contract to Webster Bank National Association (October 2025)

Nassau County School District, Facilities Dept. logoNassau County School District, Facilities Dept.
Disclosed value
Not to exceed $9,900,000
From resolution
Approved
Oct 9, 2025
Renews
Free account

The 30-second brief

What it covers

The Nassau County School Board approved a negotiated sale of a Revenue Anticipation Note, Series 2025, to Webster Bank, National Association in an amount not to exceed $9,900,000 at 3.475% interest. The financing will fund school buses, land, equipment, and facility improvements, with an initial maturity in 2026 and options to extend up to October 1, 2030.

Who holds it

Webster Bank National Association holds this financial services contract with Nassau County School District, Facilities Dept.. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Nassau County School District, Facilities Dept. contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $9,900,000
Document date
October 9, 2025
Term
Initial maturity October 1, 2026, with up to four one-year extensions, final maturity no later than October 1, 2030
Renews
Free account
Source document
Nassau County School District Resolution Resolution No. 1377 2025-10-09 (Resolution)

Webster Bank National Association's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Nassau County School District, Facilities Dept.?

Webster Bank National Association was awarded this financial services contract by Nassau County School District, Facilities Dept., as recorded on October 9, 2025. The contract value is Not to exceed $9,900,000.

How much is the Webster Bank National Association contract with Nassau County School District, Facilities Dept. worth?

The Webster Bank National Association contract with Nassau County School District, Facilities Dept. is valued at Not to exceed $9,900,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Nassau County School District Resolution Resolution No. 1377 2025-10-09 (Resolution), dated October 9, 2025 from Nassau County School District, Facilities Dept.. 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 Nassau County School District, Facilities Dept. currently buying?

Explore Nassau County School District, Facilities Dept.'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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