Pond Creek-Hunter Schools Awards Financial Services Contract to State Exchange Bank, Lamont, Oklahoma (June 2024)
Pond Creek-Hunter SchoolsSchool · Pond Creek, OK- Disclosed value
- $1,290,000 (bond principal); Net interest cost $170,006.10; Premium $33.90
- From meeting minutes
- Awarded
- Jun 17, 2024
- Renews
- Free account
The 30-second brief
Pond Creek-Hunter Public Schools approved a bond sale in which The State Exchange Bank of Lamont will participate alongside the lead underwriter. The $1,290,000 General Obligation Building Bonds of 2024 feature maturities in 2026 and 2027 at a 5.20% interest rate.
State Exchange Bank, Lamont, Oklahoma holds this financial services contract with Pond Creek-Hunter Schools.
The renewal date is on record. A free account shows it, with the renewals for every Pond Creek-Hunter Schools contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,290,000 (bond principal); Net interest cost $170,006.10; Premium $33.90
- Document date
- June 17, 2024
- Term
- Bonds dated August 1, 2024; $600,000 maturing August 1, 2026 and $690,000 maturing August 1, 2027 at 5.20% interest, payable semi-annually beginning February 1, 2026
- Renews
- Free account
- Source document
- pond-creek-hunter-schoolsmeeting-minutes2024-06-17_c92.pdf (Meeting Minutes)
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Questions about this contract
Who was awarded the financial services contract by Pond Creek-Hunter Schools?
State Exchange Bank, Lamont, Oklahoma was awarded this financial services contract by Pond Creek-Hunter Schools, as recorded on June 17, 2024. The contract value is $1,290,000 (bond principal); Net interest cost $170,006.10; Premium $33.90.
How much is the State Exchange Bank, Lamont, Oklahoma contract with Pond Creek-Hunter Schools worth?
The State Exchange Bank, Lamont, Oklahoma contract with Pond Creek-Hunter Schools is valued at $1,290,000 (bond principal); Net interest cost $170,006.10; Premium $33.90, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in pond-creek-hunter-schoolsmeeting-minutes2024-06-17_c92.pdf (Meeting Minutes), dated June 17, 2024 from Pond Creek-Hunter Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does State Exchange Bank, Lamont, Oklahoma hold?
State Exchange Bank, Lamont, Oklahoma 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 Pond Creek-Hunter Schools currently buying?
Explore Pond Creek-Hunter Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.