FINANCIAL_SERVICESONGOING

Truist Issues $616,000 Standby LOC for Keebler

Truist Bank issued a $616,000 irrevocable standby letter of credit to secure sidewalk and pavement surface obligations for Keebler Meadows Phase 1B on behalf of D.R. Horton. The credit features automatic annual extensions from its initial 2026-02-28 expiry unless the bank opts out with advance notice.

Status
ONGOING
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Truist Bank
Agency
Johnson city Housing Authority · TN

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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
$616,000
Contract type
FINANCIAL_SERVICES
Contract term
From issuance on 2025-05-28 with initial expiration 2026-02-28 and automatic one-year extensions unless non-renewal notice given 60 days prior
Renewal date
2026-02-28
Renewal
Automatic one-year extensions from the current expiration date (initially 2026-02-28) unless Truist notifies the City at least 60 days before any expiration date that it elects not to extend.
Document type
AgendaPacket
Source document
Johnson City Planning Commission Agenda Packet 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Johnson city Housing Authority?

Truist Bank was awarded this financial services contract by Johnson city Housing Authority, as recorded on July 12, 2026. The contract value is $616,000.

How much is the Truist Bank contract with Johnson city Housing Authority worth?

The Truist Bank contract with Johnson city Housing Authority is valued at $616,000, covering financial services work.

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 Johnson City Planning Commission Agenda Packet 2026-07-14 (AgendaPacket), dated July 12, 2026 from Johnson city Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Bank hold?

Truist 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 Truist Bank's profile

What is Johnson city Housing Authority currently buying?

Explore Johnson city Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Johnson city Housing Authority's profile

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