CONTRACTPENDING

Fairmont Plans Renewal of WesBanco $750K Letter of Credit

City of Fairmont
Disclosed value
Not to exceed $750,000.00
From agendapacket
Document date
May 13, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Fairmont plans to renew WesBanco Bank Irrevocable Letter of Credit No. 2001-525 for an amount not to exceed $750,000. The letter of credit secures a portion of the City’s self-insured workers’ compensation obligations for fiscal year 2026-2027, with the final amount to be set by supplemental resolution after a state audit.

Who holds it

Wesbanco Bank holds this financial services contract with City of Fairmont. Its other public contracts on record include work for Town of Shenango and Toledo City Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Fairmont contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $750,000.00
Document date
May 13, 2026
Term
Fiscal Year 2026-2027; renewal upon maturity date of June 30, 2026
Renews
Free account
Source document
City of Fairmont Council Meeting Agenda Packet May 13 2026 (AgendaPacket)

Wesbanco Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Fairmont?

Wesbanco Bank was awarded this financial services contract by City of Fairmont, as recorded on May 13, 2026. The contract value is Not to exceed $750,000.00.

How much is the Wesbanco Bank contract with City of Fairmont worth?

The Wesbanco Bank contract with City of Fairmont is valued at Not to exceed $750,000.00, 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 Fairmont Council Meeting Agenda Packet May 13 2026 (AgendaPacket), dated May 13, 2026 from City of Fairmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wesbanco Bank hold?

Wesbanco Bank 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 City of Fairmont currently buying?

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

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