Teton County School District 401 Awards Financial Services Contract to PURCHASER (February 2022)
Teton County School District 401School · Driggs, ID- Disclosed value
- Principal amount not to exceed $3,375,000; net present value savings at least 2.0% of refunded principal; true interest cost not to exceed 1.7%
- From resolution
- Approved
- Feb 14, 2022
The 30-second brief
School District No. 401 approves a Bond Purchase Agreement with an initial purchaser for up to $3,375,000 of Series 2022 general obligation refunding bonds, targeting at least 2% net present value savings and a true interest cost not exceeding 1.7%. District officials are authorized to finalize and execute the sale.
PURCHASER holds this financial services contract with Teton County School District 401. Its other public contracts on record include work for Washoe County School District and NYC Housing Development Corporation (HDC).
Term as filed: Final maturity not to exceed September 15, 2025.
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Contract details
- Contract type
- Financial Services
- Amount
- Principal amount not to exceed $3,375,000; net present value savings at least 2.0% of refunded principal; true interest cost not to exceed 1.7%
- Document date
- February 14, 2022
- Term
- Final maturity not to exceed September 15, 2025
- Vendor
- PURCHASER
- Source document
- School District No. 401 Resolution 2022-02-14 Refunding Bonds (Resolution)
PURCHASER's other public contracts
More Teton County School District 401 contracts
Questions about this contract
Who was awarded the financial services contract by Teton County School District 401?
PURCHASER was awarded this financial services contract by Teton County School District 401, as recorded on February 14, 2022. The contract value is Principal amount not to exceed $3,375,000; net present value savings at least 2.0% of refunded principal; true interest cost not to exceed 1.7%.
How much is the PURCHASER contract with Teton County School District 401 worth?
The PURCHASER contract with Teton County School District 401 is valued at Principal amount not to exceed $3,375,000; net present value savings at least 2.0% of refunded principal; true interest cost not to exceed 1.7%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in School District No. 401 Resolution 2022-02-14 Refunding Bonds (Resolution), dated February 14, 2022 from Teton County School District 401. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does PURCHASER hold?
PURCHASER 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 Teton County School District 401 currently buying?
Explore Teton County School District 401's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.