University Of Southern Maine Awards Financial Services Contract to TDBANK (March 2021)
- Disclosed value
- Approximately $43 million (short term capital financing; maximum not specified)
- From agenda
- Approved
- Mar 22, 2021
- Term
- 1–2 years short‑term loan
The 30-second brief
The Board of Trustees authorized the University of Maine System to negotiate and execute a short‑term capital financing loan with TDBank, following an RFP evaluation that identified TD's fixed‑rate solution as the preferred option for approximately $43 million in project funding. The interim financing will bridge capital needs ahead of future revenue bond issues or other funding sources.
TDBANK holds this financial services contract with University Of Southern Maine. Its other public contracts on record include work for Town of Derry and Town of Canterbury.
Term as filed: 1–2 years short‑term loan.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $43 million (short term capital financing; maximum not specified)
- Document date
- March 22, 2021
- Term
- 1–2 years short‑term loan
- Vendor
- TDBANK
- Source document
- university_of_maine_system_board_of_trustees_agend.pdf (Agenda)
TDBANK's other public contracts
More University Of Southern Maine contracts
Questions about this contract
Who was awarded the financial services contract by University Of Southern Maine?
TDBANK was awarded this financial services contract by University Of Southern Maine, as recorded on March 22, 2021. The contract value is Approximately $43 million (short term capital financing; maximum not specified).
How much is the TDBANK contract with University Of Southern Maine worth?
The TDBANK contract with University Of Southern Maine is valued at Approximately $43 million (short term capital financing; maximum not specified), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in university_of_maine_system_board_of_trustees_agend.pdf (Agenda), dated March 22, 2021 from University Of Southern Maine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does TDBANK hold?
TDBANK 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 University Of Southern Maine currently buying?
Explore University Of Southern Maine's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.