FINANCIAL_SERVICESONGOING

City Maintains $3.7 Million Portfolio with PNC Investments

Prospect’s Investment Committee reported that approximately $3.7 million is invested with PNC Investments across money market, enhanced income, and S&P 500 index funds. The committee approved reallocating $500,000 from the Enhanced Income Fund to a Government Bond Fund while confirming compliance with city policy and state law.

Status
ONGOING
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pnc Investments
Agency
City of Prospect · KY

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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
approximately $3.7 million invested
Contract type
FINANCIAL_SERVICES
Renewal
The document describes ongoing investment management and a reallocation decision; specific contract renewal terms with PNC Investments are not provided.
Document type
AgendaPacket
Source document
City of Prospect AgendaPacket Regular Council Meeting 2026-06-15

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Pnc Investments was awarded this financial services contract by City of Prospect, as recorded on June 15, 2026. The contract value is approximately $3.7 million invested.

How much is the Pnc Investments contract with City of Prospect worth?

The Pnc Investments contract with City of Prospect is valued at approximately $3.7 million invested, 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 City of Prospect AgendaPacket Regular Council Meeting 2026-06-15 (AgendaPacket), dated June 15, 2026 from City of Prospect. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pnc Investments hold?

Pnc Investments 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 Pnc Investments's profile

What is City of Prospect currently buying?

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

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