Town of Wake Forest Awards $4,675,000 Installment Purchase Agreement Contract to Pinnacle Bank (August 2025)
Town of Wake ForestCity · Wake Forest, NC- Disclosed value
- $4,675,000
- From agenda
- Approved
- Aug 19, 2025
The 30-second brief
Pinnacle Bank awarded $4,675,000 installment purchase agreement to finance 0 Forestville Road property acquisition for 4.5 years at 3.45% interest rate.
Pinnacle Bank holds this installment purchase agreement contract with Town of Wake Forest. Its other public contracts on record include work for Saline County and Gage County.
Term as filed: August 19, 2025 – approximately 4.5 years.
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Contract details
- Contract type
- Installment Purchase Agreement
- Amount
- $4,675,000
- Document date
- August 19, 2025
- Term
- August 19, 2025 – approximately 4.5 years
- Vendor
- Pinnacle Bank
- Agency
- Town of Wake Forest
- Source document
- town-of-wake-forest-board-of-commissioners-meeting-agenda-august-19-2025_e6f.pdf (Agenda)
Pinnacle Bank's other public contracts
More Town of Wake Forest contracts
Questions about this contract
Who was awarded the installment purchase agreement contract by Town of Wake Forest?
Pinnacle Bank was awarded this installment purchase agreement contract by Town of Wake Forest, as recorded on August 19, 2025. The contract value is $4,675,000.
How much is the Pinnacle Bank contract with Town of Wake Forest worth?
The Pinnacle Bank contract with Town of Wake Forest is valued at $4,675,000, covering installment purchase agreement work.
What type of contract is this?
This is a Installment Purchase Agreement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-wake-forest-board-of-commissioners-meeting-agenda-august-19-2025_e6f.pdf (Agenda), dated August 19, 2025 from Town of Wake Forest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pinnacle Bank hold?
Pinnacle 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 Town of Wake Forest currently buying?
Explore Town of Wake Forest's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.