FINANCIAL_SERVICESPENDING

Sovereign Bank Proposes Six-Year School Turf Financing

Shawnee Public Schools received a preliminary $1.3 million financing proposal from Sovereign Bank for synthetic turf improvements to its baseball and softball fields. The illustrative financing would run for six years, with Sovereign Bank also serving as escrow agent, but remains subject to documentation and approval.

Document date · September 10, 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
$1,300,000
Contract type
FINANCIAL_SERVICES
Contract term
6 years; illustrative scenarios at 4% with deposits or 4.3125% without deposits
Renewal date
2032-09-10
Renewal
Preliminary term sheet only; no executed agreement, renewal provision, or extension option is stated. The six-year term is illustrative and subject to final documentation.
Document type
Proposal
Source document
Shawnee Public Schools Proposal Preliminary Financing Term Sheet September 10, 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 Shawnee Public Schools?

Sovereign Bank was awarded this financial services contract by Shawnee Public Schools, as recorded on September 10, 2026. The contract value is $1,300,000.

How much is the Sovereign Bank contract with Shawnee Public Schools worth?

The Sovereign Bank contract with Shawnee Public Schools is valued at $1,300,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Shawnee Public Schools Proposal Preliminary Financing Term Sheet September 10, 2026 (Proposal), dated September 10, 2026 from Shawnee Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sovereign Bank hold?

Sovereign 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.

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What is Shawnee Public Schools currently buying?

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