FINANCIAL_SERVICESAPPROVED

Town of Fairhaven Awards Financial Services Contract to Truist Securities Inc (August 2026)

The Fairhaven Select Board approved the sale of $3.2 million in 4.00 percent General Obligation Bond Anticipation Notes to Truist Securities, Inc. at par plus a $40,320 premium. The notes are dated September 2, 2026 and will mature on September 2, 2027.

Document date · August 24, 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
$3,200,000 principal; premium of $40,320.00 plus accrued interest, if any
Contract type
FINANCIAL_SERVICES
Contract term
Dated September 2, 2026 and payable September 2, 2027
Renewal date
2027-09-02
Renewal
One-year bond anticipation notes payable September 2, 2027; no stated renewal, but may be refinanced or converted to long-term debt at the Town’s discretion under separate future actions.
Document type
AgendaPacket
Source document
Town of Fairhaven Select Board Agenda Packet 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Fairhaven?

Truist Securities Inc was awarded this financial services contract by Town of Fairhaven, as recorded on August 24, 2026. The contract value is $3,200,000 principal; premium of $40,320.00 plus accrued interest, if any.

How much is the Truist Securities Inc contract with Town of Fairhaven worth?

The Truist Securities Inc contract with Town of Fairhaven is valued at $3,200,000 principal; premium of $40,320.00 plus accrued interest, if any, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Fairhaven Select Board Agenda Packet 2026-08-24 (AgendaPacket), dated August 24, 2026 from Town of Fairhaven. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Securities Inc hold?

Truist Securities Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Truist Securities Inc's profile

What is Town of Fairhaven currently buying?

Explore Town of Fairhaven's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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