FINANCIAL_SERVICESAPPROVED

Town of Nantucket Awards Financial Services Contract to J.p. Morgan Securities Llc (September 2026)

Nantucket approved the sale of its Series B tax-exempt bond anticipation notes to J.P. Morgan Securities LLC for the amount stated in the agenda as $43.866 million, plus a $401,373.90 premium. The notes are dated September 25, 2026, and payable July 23, 2027, funding affordable housing, general government, sewer, and water purposes.

Document date · September 16, 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
$43,866,000 stated in the agenda; $43,866,000,000 stated in the certified vote, at par and accrued interest plus a premium of $401,373.90
Contract type
FINANCIAL_SERVICES
Contract term
Dated September 25, 2026; payable July 23, 2027
Renewal date
2027-07-23
Renewal
Debt maturity is July 23, 2027; no renewal terms stated.
Document type
Minutes
Source document
Town of Nantucket Minutes Select Board Meeting September 16, 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 Town of Nantucket?

J.p. Morgan Securities Llc was awarded this financial services contract by Town of Nantucket, as recorded on September 16, 2026. The contract value is $43,866,000 stated in the agenda; $43,866,000,000 stated in the certified vote, at par and accrued interest plus a premium of $401,373.90.

How much is the J.p. Morgan Securities Llc contract with Town of Nantucket worth?

The J.p. Morgan Securities Llc contract with Town of Nantucket is valued at $43,866,000 stated in the agenda; $43,866,000,000 stated in the certified vote, at par and accrued interest plus a premium of $401,373.90, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Nantucket Minutes Select Board Meeting September 16, 2026 (Minutes), dated September 16, 2026 from Town of Nantucket. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does J.p. Morgan Securities Llc hold?

J.p. Morgan Securities Llc 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 J.p. Morgan Securities Llc's profile

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