FINANCIAL_SERVICESAPPROVED

San Francisco Public Utilities Commission Awards Financial Services Contract to Truist Bank (July 2026)

The SFPUC approved a reimbursement and fee agreement with Truist Bank for up to $125 million in Series A-5 credit support for the Wastewater Enterprise capital program. The agreement includes related letters of credit and bank notes.

Status
APPROVED
Document date
July 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Truist Bank
Agency
San Francisco Public Utilities Commission · CA

Trusted by teams at

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
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 amount
$125 million aggregate principal amount for Series A-5 (exclusive of 270 days’ interest)
Contract type
FINANCIAL_SERVICES
Document type
Resolution
Source document
SFPUC Resolution Log 2026-07-29

Related contracts

Other contracts from Truist Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Francisco Public Utilities Commission?

Truist Bank was awarded this financial services contract by San Francisco Public Utilities Commission, as recorded on July 29, 2026. The contract value is $125 million aggregate principal amount for Series A-5 (exclusive of 270 days’ interest).

How much is the Truist Bank contract with San Francisco Public Utilities Commission worth?

The Truist Bank contract with San Francisco Public Utilities Commission is valued at $125 million aggregate principal amount for Series A-5 (exclusive of 270 days’ interest), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in SFPUC Resolution Log 2026-07-29 (Resolution), dated July 29, 2026 from San Francisco Public Utilities Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Bank hold?

Truist 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 Truist Bank's profile

What is San Francisco Public Utilities Commission currently buying?

Explore San Francisco Public Utilities Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View San Francisco Public Utilities Commission's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free