FINANCIAL_SERVICESAWARDED

Scituate School District Awards $2,400,000 Financial Services Contract to Truist Securities (August 2026)

The Select Board approved the formal award of $2.4 million in General Obligation Bond Anticipation Notes to Truist Securities, dated July 23, 2026 and maturing February 26, 2027. The notes carry a 4% coupon and 2.78% net interest cost to help manage unreimbursed FEMA storm-related expenses.

Document date · August 4, 2026

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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
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
$2,400,000
Contract type
FINANCIAL_SERVICES
Contract term
July 23, 2026 – February 26, 2027
Renewal date
2027-02-26
Renewal
Short-term BAN with single maturity; no renewals mentioned. Future repayment may use stabilization fund with potential recapture of FEMA reimbursements.
Document type
Minutes
Source document
Scituate Select Board Meeting Minutes 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Scituate School District?

Truist Securities was awarded this financial services contract by Scituate School District, as recorded on August 4, 2026. The contract value is $2,400,000.

How much is the Truist Securities contract with Scituate School District worth?

The Truist Securities contract with Scituate School District is valued at $2,400,000, 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 Scituate Select Board Meeting Minutes 2026-08-04 (Minutes), dated August 4, 2026 from Scituate School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Securities hold?

Truist Securities 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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