FINANCIAL_SERVICESPENDING

Fairmont Plans Renewal of WesBanco $750K Letter of Credit

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.

Status
PENDING
Document date
May 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wesbanco Bank
Agency
Fairmont Marion County Regional Airport Authority · WV

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TerraCycle logo
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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
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $750,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Fiscal Year 2026-2027; renewal upon maturity date of June 30, 2026
Renewal date
2027-06-30
Renewal
Renews WesBanco Bank Irrevocable Letter of Credit No. 2001-525 upon its maturity date of June 30, 2026, for FY 2026-2027 in an amount not to exceed $750,000, with the exact amount determined annually by the State Workers' Compensation Division audit and supplemental Council resolution.
Document type
AgendaPacket
Source document
City of Fairmont Council Meeting Agenda Packet May 13 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Fairmont Marion County Regional Airport Authority?

Wesbanco Bank was awarded this financial services contract by Fairmont Marion County Regional Airport Authority, as recorded on May 13, 2026. The contract value is Not to exceed $750,000.00.

How much is the Wesbanco Bank contract with Fairmont Marion County Regional Airport Authority worth?

The Wesbanco Bank contract with Fairmont Marion County Regional Airport Authority 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 Fairmont Marion County Regional Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View Wesbanco Bank's profile

What is Fairmont Marion County Regional Airport Authority currently buying?

Explore Fairmont Marion County Regional Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Fairmont Marion County Regional Airport Authority's profile

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