South Orange-Maplewood School District Awards Financial Services Contract to Webster Bank NA (June 2024)
- Disclosed value
- Approximate total amount $2,740,000
- From minutes
- Awarded
- Jun 27, 2024
The 30-second brief
The Board approved Webster Bank, N.A. to provide lease purchase financing of approximately $2,740,000 at 4.18% interest for the acquisition of district equipment. Officials are authorized to execute the lease purchase and escrow agreements.
Webster Bank NA holds this financial services contract with South Orange-Maplewood School District. Its other public contracts on record include work for City of Granite and Boone County.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximate total amount $2,740,000
- Document date
- June 27, 2024
- Vendor
- Webster Bank NA
- Source document
- south-orange-maplewood-board-of-education-meeting-minutes-june-27-2024_ae1.pdf (Minutes)
Webster Bank NA's other public contracts
More South Orange-Maplewood School District contracts
Questions about this contract
Who was awarded the financial services contract by South Orange-Maplewood School District?
Webster Bank NA was awarded this financial services contract by South Orange-Maplewood School District, as recorded on June 27, 2024. The contract value is Approximate total amount $2,740,000.
How much is the Webster Bank NA contract with South Orange-Maplewood School District worth?
The Webster Bank NA contract with South Orange-Maplewood School District is valued at Approximate total amount $2,740,000, 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 south-orange-maplewood-board-of-education-meeting-minutes-june-27-2024_ae1.pdf (Minutes), dated June 27, 2024 from South Orange-Maplewood School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Webster Bank NA hold?
Webster Bank NA 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 South Orange-Maplewood School District currently buying?
Explore South Orange-Maplewood School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.