FINANCIAL_SERVICESRATIFIED

Capital improvement funds invested in PLGIT CDs

Avalon Borough Council plans to ratify reinvestment of Capital Improvement Funds into PLGIT 180-day certificates of deposit at $245,000 per account with a 3.96% net yield, maturing December 23, 2026. This action invests capital funds within per-account limits for short‑term returns.

Status
RATIFIED
Document date
July 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
PLGIT
Agency
Borough of Avalon · PA

Trusted by teams at

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
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
$245,000.00 at 3.96% net yield
Contract type
FINANCIAL_SERVICES
Contract term
180-day certificate of deposit account, maturing December 23, 2026
Renewal date
2026-12-23
Renewal
Single 180-day CD term ending December 23, 2026; any future renewal or rollover will require subsequent council action.
Document type
Agenda
Source document
Borough of Avalon Council Meeting Agenda 2026-07-21

Related contracts

Other contracts from PLGIT.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Borough of Avalon?

PLGIT was awarded this financial services contract by Borough of Avalon, as recorded on July 21, 2026. The contract value is $245,000.00 at 3.96% net yield.

How much is the PLGIT contract with Borough of Avalon worth?

The PLGIT contract with Borough of Avalon is valued at $245,000.00 at 3.96% net yield, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Borough of Avalon Council Meeting Agenda 2026-07-21 (Agenda), dated July 21, 2026 from Borough of Avalon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PLGIT hold?

PLGIT 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 PLGIT's profile

What is Borough of Avalon currently buying?

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

View Borough of Avalon's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free