FINANCIAL_SERVICESAPPROVED

Wall Township Fire District #2 - Glendola Fire Company Awards Financial Services Contract to Nw Capital (January 2021)

The Local Finance Board approved Union County Improvement Authority’s taxable advance refunding bonds underwritten by NW Capital to refinance $43.1 million of 2012 family court building debt. The up‑to‑$48 million issue over 20 years is expected to save the county roughly $6.8 million in net present value.

Document date · January 13, 2021

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$48 million (bond issue not to exceed)
Contract type
FINANCIAL_SERVICES
Contract term
20 years (remaining term of refunding bonds)
Renewal
Refunding bonds will run for the remaining 20‑year term of the original financing, with no extensions beyond the useful life of the facilities discussed.
Document type
Transcript
Source document
local_finance_board_meeting_transcript_january_202.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Wall Township Fire District #2 - Glendola Fire Company?

Nw Capital was awarded this financial services contract by Wall Township Fire District #2 - Glendola Fire Company, as recorded on January 13, 2021. The contract value is $48 million (bond issue not to exceed).

How much is the Nw Capital contract with Wall Township Fire District #2 - Glendola Fire Company worth?

The Nw Capital contract with Wall Township Fire District #2 - Glendola Fire Company is valued at $48 million (bond issue not to exceed), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in local_finance_board_meeting_transcript_january_202.pdf (Transcript), dated January 13, 2021 from Wall Township Fire District #2 - Glendola Fire Company. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nw Capital hold?

Nw 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.

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What is Wall Township Fire District #2 - Glendola Fire Company currently buying?

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