City of Kannapolis Awards Financial Services Contract to Davenport Public Finance (June 2026)

Kannapolis approved a special projects financial advisory engagement with Davenport Public Finance for the proposed November 2026 GO Bond referendum, capping advisory fees at $25,000 plus a 4% surcharge and expenses. Davenport will analyze financial impacts, assist with Local Government Commission approvals, and support debt planning for the parks bond program.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses

Contract type

FINANCIAL_SERVICES

Contract term

Engagement effective until terminated by either party with 30 days written notice

Renewal

Addendum remains in effect until either Davenport or the City terminates with 30 days written notice; Davenport will be reimbursed for services and expenses incurred prior to termination.

Document type

AgendaPacket

Source document

City of Kannapolis AgendaPacket 2026-06-22

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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 Kannapolis?

Davenport Public Finance was awarded this financial services contract by City of Kannapolis, as recorded on June 22, 2026. The contract value is Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses.

How much is the Davenport Public Finance contract with City of Kannapolis worth?

The Davenport Public Finance contract with City of Kannapolis is valued at Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Kannapolis AgendaPacket 2026-06-22 (AgendaPacket), dated June 22, 2026 from City of Kannapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Davenport Public Finance hold?

Davenport Public Finance 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 Davenport Public Finance's profile

What is City of Kannapolis currently buying?

Explore City of Kannapolis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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