FINANCIAL_SERVICESAMENDED

NJEFA Approves TD Bank Bond Covenant Amendment

The New Jersey Educational Facilities Authority approved a Fourth Amendment with TD Bank, N.A. to the $63.785 million Fairleigh Dickinson University 2021 Series A bond agreement. The amendment temporarily modifies the required debt service coverage ratio for fiscal year 2026 and restores the 1.20:1 requirement beginning in fiscal year 2027.

Document date · September 22, 2026

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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
$63,785,000 original principal amount
Contract type
FINANCIAL_SERVICES
Contract term
Fourth Amendment approved September 22, 2026; original Bond Agreement dated February 24, 2021
Renewal
Fourth Amendment to the Bond Agreement; prior amendments dated June 1, 2023, February 8, 2024, and August 19, 2024. All other original agreement terms remain in effect.
Document type
Minutes
Source document
New Jersey Educational Facilities Authority Minutes September 22, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by New Jersey State Parole Board?

Td Bank N.a was awarded this financial services contract by New Jersey State Parole Board, as recorded on September 22, 2026. The contract value is $63,785,000 original principal amount.

How much is the Td Bank N.a contract with New Jersey State Parole Board worth?

The Td Bank N.a contract with New Jersey State Parole Board is valued at $63,785,000 original principal amount, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in New Jersey Educational Facilities Authority Minutes September 22, 2026 (Minutes), dated September 22, 2026 from New Jersey State Parole Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Td Bank N.a hold?

Td Bank N.a 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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