FINANCIAL_SERVICESONGOING

RISD Holds $10 Million RBC Commercial Paper

Richardson ISD’s General Operating Fund includes a $10 million Royal Bank of Canada commercial paper position maturing July 17, 2026. The short-term A‑1+ rated instrument supports liquidity and yield in the District’s portfolio.

Status
ONGOING
Document date
August 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Royal Bank of Canada
Agency
Richardson Independent School District · TX

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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
$10,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
November 18, 2025 – July 17, 2026 (maturity)
Renewal date
2026-07-17
Renewal
This commercial paper matures on July 17, 2026; any subsequent investment in RBC instruments would be via new purchases.
Document type
Report
Source document
Richardson Independent School District Report Quarterly Investment Report 2026-08-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Richardson Independent School District?

Royal Bank of Canada was awarded this financial services contract by Richardson Independent School District, as recorded on August 6, 2026. The contract value is $10,000,000.00.

How much is the Royal Bank of Canada contract with Richardson Independent School District worth?

The Royal Bank of Canada contract with Richardson Independent School District is valued at $10,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Richardson Independent School District Report Quarterly Investment Report 2026-08-06 (Report), dated August 6, 2026 from Richardson Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Royal Bank of Canada hold?

Royal Bank of Canada 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 Richardson Independent School District currently buying?

Explore Richardson Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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