Nassau County School District Awards Financial Services Contract to Webster Bank National Association (October 2025)
Nassau County School DistrictSchool · Fernandina Beach, FL- Disclosed value
- Not to exceed $9,900,000
- From resolution
- Approved
- Oct 9, 2025
- Renews
- Free account
The 30-second brief
The Nassau County School Board approved a negotiated sale of a not‑to‑exceed $9.9 million Revenue Anticipation Note, Series 2025, to Webster Bank, National Association at 3.475% interest. Proceeds will finance school buses, land, equipment, and facility improvements, with an initial maturity of October 1, 2026 and up to four one‑year extensions allowed.
Webster Bank National Association holds this financial services contract with Nassau County School District. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.
The renewal date is on record. A free account shows it, with the renewals for every Nassau County School District 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 term to 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
More Nassau County School District contracts
Questions about this contract
Who was awarded the financial services contract by Nassau County School District?
Webster Bank National Association was awarded this financial services contract by Nassau County School District, 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 worth?
The Webster Bank National Association contract with Nassau County School District 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. 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 currently buying?
Explore Nassau County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.