CONTRACTAWARDED

Town of Falls Awards Financial Services Contract to Bancroft Capital (May 2023)

Town of Falls logoTown of Falls
Disclosed value
$20,055,000 (General Obligation Bonds Series of 2023; interest rate 3.31%)
From meeting minutes
Awarded
May 22, 2023

The 30-second brief

What it covers

Falls Township Board of Supervisors approved Ordinance 2023-3 authorizing issuance of $20,055,000 in General Obligation Bonds Series of 2023. Bancroft Capital was selected through an internet bond auction, offering a 3.31% borrowing interest rate.

Who holds it

Bancroft Capital holds this financial services contract with Town of Falls. Its other public contracts on record include work for TX-State-Public Finance Authority and New York State Homes and Community Renewal.

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Contract details

Contract type
Financial Services
Amount
$20,055,000 (General Obligation Bonds Series of 2023; interest rate 3.31%)
Document date
May 22, 2023
Source document
falls-township-meeting-minutes-2023-05-22-pdf_619.pdf (Meeting Minutes)

Bancroft Capital's other public contracts

More Town of Falls contracts

Questions about this contract

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

Bancroft Capital was awarded this financial services contract by Town of Falls, as recorded on May 22, 2023. The contract value is $20,055,000 (General Obligation Bonds Series of 2023; interest rate 3.31%).

How much is the Bancroft Capital contract with Town of Falls worth?

The Bancroft Capital contract with Town of Falls is valued at $20,055,000 (General Obligation Bonds Series of 2023; interest rate 3.31%), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in falls-township-meeting-minutes-2023-05-22-pdf_619.pdf (Meeting Minutes), dated May 22, 2023 from Town of Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bancroft Capital hold?

Bancroft Capital 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 Town of Falls currently buying?

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

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