CONTRACTAPPROVED

Newton Unified School District 373 Awards $8,443,761 Financial Services Contract to Signature Bank (July 2022)

Newton Unified School District 373 logoNewton Unified School District 373
Disclosed value
$8,443,761.00
From minutes
Approved
Jul 11, 2022
Term
15-year term aligned with HVAC financing
Renews
Free account

The 30-second brief

What it covers

USD 373 approved an Escrow Deposit Agreement with Signature Bank effective June 30, 2022 to manage funds associated with the $8,443,761 HVAC lease-purchase financing. The escrow supports controlled disbursement of project dollars over the 15-year financing term.

Who holds it

Signature Bank holds this financial services contract with Newton Unified School District 373. Its other public contracts on record include work for Town of Balance of Swanton and Holland village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Newton Unified School District 373 contract.

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Contract details

Contract type
Financial Services
Amount
$8,443,761.00
Document date
July 11, 2022
Term
15-year term aligned with HVAC financing
Renews
Free account
Source document
usd_373_board_of_education_meeting_minutes_july_20.pdf (Minutes)

Signature Bank's other public contracts

More Newton Unified School District 373 contracts

Questions about this contract

Who was awarded the financial services contract by Newton Unified School District 373?

Signature Bank was awarded this financial services contract by Newton Unified School District 373, as recorded on July 11, 2022. The contract value is $8,443,761.00.

How much is the Signature Bank contract with Newton Unified School District 373 worth?

The Signature Bank contract with Newton Unified School District 373 is valued at $8,443,761.00, 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 usd_373_board_of_education_meeting_minutes_july_20.pdf (Minutes), dated July 11, 2022 from Newton Unified School District 373. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Signature Bank hold?

Signature Bank 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 Newton Unified School District 373 currently buying?

Explore Newton Unified School District 373's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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