CONTRACTONGOING

Cumberland Securities Advises Oak Ridge Bond Offerings

Oak Ridge village logoOak Ridge village
Disclosed value
$85,000 (financial advisor fees for Series 2021A); $10,000 (financial advisor fees for Series 2021B)
From agenda
Document date
Jun 7, 2021

The 30-second brief

What it covers

Cumberland Securities Company, Inc. acted as financial advisor to the City of Oak Ridge for its Series 2021A and 2021B general obligation bond offerings closing June 4, 2021. Advisory fees totaled $95,000 across both series for structuring and offering support.

Who holds it

Cumberland Securities Company Inc holds this financial services contract with Oak Ridge village. Its other public contracts on record include work for Cocke County and Anderson County.

What happens next

Term as filed: Services associated with bond offerings closing June 4, 2021.

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Contract details

Contract type
Financial Services
Amount
$85,000 (financial advisor fees for Series 2021A); $10,000 (financial advisor fees for Series 2021B)
Document date
June 7, 2021
Term
Services associated with bond offerings closing June 4, 2021
Source document
oak-ridge-village-agenda-2021-06-07_fa6.pdf (Agenda)

Cumberland Securities Company Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Oak Ridge village?

Cumberland Securities Company Inc was awarded this financial services contract by Oak Ridge village, as recorded on June 7, 2021. The contract value is $85,000 (financial advisor fees for Series 2021A); $10,000 (financial advisor fees for Series 2021B).

How much is the Cumberland Securities Company Inc contract with Oak Ridge village worth?

The Cumberland Securities Company Inc contract with Oak Ridge village is valued at $85,000 (financial advisor fees for Series 2021A); $10,000 (financial advisor fees for Series 2021B), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in oak-ridge-village-agenda-2021-06-07_fa6.pdf (Agenda), dated June 7, 2021 from Oak Ridge village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Securities Company Inc hold?

Cumberland Securities Company Inc 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 Oak Ridge village currently buying?

Explore Oak Ridge village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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