FINANCIAL_SERVICESRENEWED

Council Renews $750,000 WesBanco Letter of Credit

The Fairmont City Council renewed a $750,000 letter of credit with WesBanco Bank to satisfy Workers' Compensation Act requirements for FY 2026-2027. Ordinance No. 2102 formally authorizes the renewal of Letter of Credit No. 2001-525.

Status
RENEWED
Document date
May 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wesbanco Bank
Agency
Fairmont Marion County Transit Authority · WV

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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
$750,000
Contract type
FINANCIAL_SERVICES
Contract term
FY 2026-2027
Renewal date
2027-06-30
Renewal
Ordinance No. 2102 renews Letter of Credit No. 2001-525 with WesBanco Bank for the FY 2026-2027 period to cover Workers' Compensation Act requirements. Future renewals will require subsequent council authorization.
Document type
AgendaPacket
Source document
Fairmont City Council Agenda Packet 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Fairmont Marion County Transit Authority?

Wesbanco Bank was awarded this financial services contract by Fairmont Marion County Transit Authority, as recorded on May 23, 2026. The contract value is $750,000.

How much is the Wesbanco Bank contract with Fairmont Marion County Transit Authority worth?

The Wesbanco Bank contract with Fairmont Marion County Transit Authority is valued at $750,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Fairmont City Council Agenda Packet 2026-05-26 (AgendaPacket), dated May 23, 2026 from Fairmont Marion County Transit Authority. 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 Fairmont Marion County Transit Authority currently buying?

Explore Fairmont Marion County Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Fairmont Marion County Transit Authority's profile

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