FINANCIAL_SERVICESRENEWED

Fairmont Renews $750K WesBanco Workers Comp Letter

The City of Fairmont Council approved Ordinance No. 2102 renewing Letter of Credit No. 2001-525 with WesBanco Bank in an amount not to exceed $750,000 for fiscal year 2026-2027. The letter of credit secures a portion of the City’s self-insured obligations under the West Virginia Workers’ Compensation Act.

Status
RENEWED
Document date
May 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wesbanco Bank
Agency
City of Fairmont · WV

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $750,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Fiscal Year 2026-2027
Renewal date
2027-06-30
Renewal
Ordinance No. 2102 authorizes renewal of Letter of Credit No. 2001-525 for the 2026-2027 fiscal year in an amount not to exceed $750,000 to continue meeting self-insured security and insurance requirements for workers’ compensation.
Document type
Minutes
Source document
City of Fairmont Minutes Regular Meeting 2026-05-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Fairmont?

Wesbanco Bank was awarded this financial services contract by City of Fairmont, as recorded on May 13, 2026. The contract value is Not to exceed $750,000.00.

How much is the Wesbanco Bank contract with City of Fairmont worth?

The Wesbanco Bank contract with City of Fairmont is valued at Not to exceed $750,000.00, 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 City of Fairmont Minutes Regular Meeting 2026-05-13 (Minutes), dated May 13, 2026 from City of Fairmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wesbanco Bank hold?

Wesbanco Bank 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 Wesbanco Bank's profile

What is City of Fairmont currently buying?

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

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