Town of Needham Awards Financial Services Contract to Truist Securities Inc (October 2026)
Town of NeedhamCity · Needham, MA- Disclosed value
- $7,972,000 at par and accrued interest, plus a premium of $107,382.84
- From agendapacket
- Approved
- Oct 24, 2026
- Term
- November 2, 2026 – September 22, 2027
- Renews
- Free account
The 30-second brief
Needham’s Select Board approved the sale of $7.972 million in general obligation bond anticipation notes to Truist Securities, Inc. The notes carry a 4.75% coupon, include a $107,382.84 premium, and mature September 22, 2027.
Truist Securities Inc holds this financial services contract with Town of Needham. Its other public contracts on record include work for Office of the Washington State Treasurer and Regional School District 13.
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Contract details
- Contract type
- Financial Services
- Amount
- $7,972,000 at par and accrued interest, plus a premium of $107,382.84
- Document date
- October 24, 2026
- Term
- November 2, 2026 – September 22, 2027
- Renews
- On record
- Vendor
- Truist Securities Inc
- Agency
- Town of Needham
- Source document
- Town of Needham AgendaPacket Select Board Meeting 2026-10-27 (AgendaPacket)
Truist Securities Inc's other public contracts
More Town of Needham contracts
Questions about this contract
Who was awarded the financial services contract by Town of Needham?
Truist Securities Inc was awarded this financial services contract by Town of Needham, as recorded on October 24, 2026. The contract value is $7,972,000 at par and accrued interest, plus a premium of $107,382.84.
How much is the Truist Securities Inc contract with Town of Needham worth?
The Truist Securities Inc contract with Town of Needham is valued at $7,972,000 at par and accrued interest, plus a premium of $107,382.84, 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 Needham AgendaPacket Select Board Meeting 2026-10-27 (AgendaPacket), dated October 24, 2026 from Town of Needham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.
What is Town of Needham currently buying?
Explore Town of Needham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.