FINANCIAL_SERVICESAPPROVED

City of Demorest Awards Financial Services Contract to Principal Financial (June 2026)

Demorest City Council approved selling common stock held through Principal Financial and authorized the city manager to sign the necessary documents. The action corrects a legacy investment arrangement not permitted for government entities.

Status
APPROVED
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Principal Financial
Agency
City of Demorest · GA

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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 type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Demorest City Council Minutes 2026-06-02

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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 Demorest?

Principal Financial was awarded this financial services contract by City of Demorest, as recorded on June 2, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Demorest City Council Minutes 2026-06-02 (Minutes), dated June 2, 2026 from City of Demorest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Principal Financial hold?

Principal Financial 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 Principal Financial's profile

What is City of Demorest currently buying?

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

View City of Demorest's profile

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