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HRTAC renews custodial banking contract with Principal Bank

Hampton Roads Transportation Accountability Commission logoHampton Roads Transportation Accountability Commission
Document date
Apr 16, 2026
Renews
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The 30-second brief

What it covers

The Commission is renewing its custodial banking services agreement with Principal Bank for a one‑year term from May 1, 2026 to April 30, 2027. This renewal continues Principal Bank’s role in safeguarding and servicing HRTAC’s investment and debt-related accounts.

Who holds it

Principal Bank holds this financial services contract with Hampton Roads Transportation Accountability Commission. Its other public contracts on record include work for Contra Costa Water District and Franklin PUD.

What happens next

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Contract details

Contract type
Financial Services
Document date
April 16, 2026
Term
05/01/2026 to 04/30/2027 (one-year renewal term; 1 of 4)
Renews
On record
Vendor
Principal Bank
Agency
Hampton Roads Transportation Accountability Commission
Source document
Hampton Roads Transportation Accountability Commission Meeting Agenda Packet April 2026 (AgendaPacket)

Principal Bank's other public contracts

Contra Costa Water District, CaliforniaPrincipal Bank Provides CCWD Custody Services · Nov 7, 2026UndisclosedFranklin PUD, WashingtonFranklin PUD Pays Principal Bank Insurance Premium · Oct 13, 2026UndisclosedBenton PUD, WashingtonQuarterly Health and Dental Insurance Premiums Paid · Aug 11, 2026$283KTexas Municipal League Intergovernmental Risk Pool, TexasInvestment Custody Agreement Awarded to Principal Bank · Jul 31, 2026Texas Municipal League Intergovernmental Risk Pool, TexasInvestment Custody Agreement Considered for Principal Bank · Jul 31, 2026UndisclosedAll Principal Bank contractsVendor profile

More Hampton Roads Transportation Accountability Commission contracts

Transportation District Commission of Hampton RoadsHRTAC Approves $52.1 Million Regional Transit Funding · Sep 17, 2026$52.1MHampton Roads Connector PartnersHRTAC Approves $19.3 Million Hampton Roads Tunnel Change Order · Sep 17, 2026Pbmares LLPHRTAC Approves Audit Report Prepared by PBMares · Sep 17, 2026UndisclosedPFMFAHRTAC Approves Financial Advisory Agreement With PFMFA · Sep 17, 2026UndisclosedHampton Roads Transit (Hrt)HRTAC Approves Transit Bus Expansion Deallocation · Jun 18, 2026UndisclosedAll Hampton Roads Transportation Accountability Commission activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Hampton Roads Transportation Accountability Commission?

Principal Bank was awarded this financial services contract by Hampton Roads Transportation Accountability Commission, as recorded on April 16, 2026.

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 Hampton Roads Transportation Accountability Commission Meeting Agenda Packet April 2026 (AgendaPacket), dated April 16, 2026 from Hampton Roads Transportation Accountability Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Principal Bank hold?

Principal 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.

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