New Jersey Transit | State of New Jersey Awards Financial Services Contract to Wells Fargo Bank NA (April 2026)
New Jersey Transit | State of New JerseyState · Trenton, NJ- Disclosed value
- Not to exceed $4,551,355.28, plus five percent for contingencies
- From minutes
- Approved
- Apr 15, 2026
- Term
- 18-month extension
The 30-second brief
The NJ TRANSIT Board approved an 18‑month extension of Contract No. 18-034 with Wells Fargo Bank, N.A. for revenue processing and armored car services, adding up to $4,551,355.28 plus contingencies. The contract supports secure transport, counting, and deposit of approximately $140 million in annual fare revenues.
Wells Fargo Bank NA holds this financial services contract with New Jersey Transit | State of New Jersey. Its other public contracts on record include work for West Point Public Schools and North Carolina Department of State Treasurer | State of North Carolina.
Term as filed: 18-month extension.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $4,551,355.28, plus five percent for contingencies
- Document date
- April 15, 2026
- Term
- 18-month extension
- Vendor
- Wells Fargo Bank NA
- Source document
- NJ TRANSIT Minutes Board of Directors Meeting 2026-04-15 (Minutes)
Wells Fargo Bank NA's other public contracts
More New Jersey Transit | State of New Jersey contracts
Questions about this contract
Who was awarded the financial services contract by New Jersey Transit | State of New Jersey?
Wells Fargo Bank NA was awarded this financial services contract by New Jersey Transit | State of New Jersey, as recorded on April 15, 2026. The contract value is Not to exceed $4,551,355.28, plus five percent for contingencies.
How much is the Wells Fargo Bank NA contract with New Jersey Transit | State of New Jersey worth?
The Wells Fargo Bank NA contract with New Jersey Transit | State of New Jersey is valued at Not to exceed $4,551,355.28, plus five percent for contingencies, 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 NJ TRANSIT Minutes Board of Directors Meeting 2026-04-15 (Minutes), dated April 15, 2026 from New Jersey Transit | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Wells Fargo Bank NA hold?
Wells Fargo Bank NA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New Jersey Transit | State of New Jersey currently buying?
Explore New Jersey Transit | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
