FINANCIAL_SERVICESREJECTED

Truist’s lease-purchase financing bid not selected

Truist submitted a competitive bid to finance Mauldin’s FY2027 lease purchases with fixed 5-, 7-, and 10-year rates, but its proposal was not selected. Staff instead recommended awarding the lease-purchase financing to SouthState Bank as the lowest responsive bidder.

Status
REJECTED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
TRUIST
Agency
City of Mauldin · SC

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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 type
FINANCIAL_SERVICES
Contract term
Proposed 5-year, 7-year, and 10-year terms at fixed rates (5-year 3.689%, 7-year 3.787%, 10-year 3.937%)
Renewal
No contract awarded; no renewal terms apply.
Document type
AgendaPacket
Source document
City of Mauldin Finance and Policy Committee Agenda Packet 2026-08-03

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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 Mauldin?

TRUIST was awarded this financial services contract by City of Mauldin, as recorded on August 3, 2026.

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 City of Mauldin Finance and Policy Committee Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Mauldin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TRUIST hold?

TRUIST 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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