PROFESSIONAL_SERVICESPENDING

Dickinson Weighs Five-Year PID Administration Contract

The City of Dickinson is considering a five-year professional services agreement with Municap, Inc. to administer and manage its public improvement districts. The contract caps compensation at $292,500 per assessment levy and establishes annual and setup fees for assessment administration, bond fund management, arbitrage, compliance, and accounting services through July 14, 2031.

Status
PENDING
Document date
July 12, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Municap Inc
Agency
DICKINSON MANAGEMENT DISTRICT 1 · TX

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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $292,500 per Assessment levy during the Contract Term; annual administrative fees not to exceed $28,800 per capital PID plus $5,000–$7,500 one-time setup per PID; additional administrative services not to exceed $19,200 annually per capital PID plus $3,000–$5,000 setup; consulting services $45,000 per PID per assessment levy and/or bond issuance
Contract type
PROFESSIONAL_SERVICES
Contract term
July 14, 2026 – July 14, 2031
Renewal date
2031-07-14
Renewal
Initial term July 14, 2026 through July 14, 2031 with no explicit renewal options; City may terminate for convenience with seven days’ written notice. Fee schedule allows annual increases up to 10% with 120 days’ notice.
Document type
AgendaPacket
Source document
City of Dickinson 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 professional services contract by DICKINSON MANAGEMENT DISTRICT 1?

Municap Inc was awarded this professional services contract by DICKINSON MANAGEMENT DISTRICT 1, as recorded on July 12, 2026. The contract value is Not to exceed $292,500 per Assessment levy during the Contract Term; annual administrative fees not to exceed $28,800 per capital PID plus $5,000–$7,500 one-time setup per PID; additional administrative services not to exceed $19,200 annually per capital PID plus $3,000–$5,000 setup; consulting services $45,000 per PID per assessment levy and/or bond issuance.

How much is the Municap Inc contract with DICKINSON MANAGEMENT DISTRICT 1 worth?

The Municap Inc contract with DICKINSON MANAGEMENT DISTRICT 1 is valued at Not to exceed $292,500 per Assessment levy during the Contract Term; annual administrative fees not to exceed $28,800 per capital PID plus $5,000–$7,500 one-time setup per PID; additional administrative services not to exceed $19,200 annually per capital PID plus $3,000–$5,000 setup; consulting services $45,000 per PID per assessment levy and/or bond issuance, covering professional services work.

What type of contract is this?

This is a Professional 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 Dickinson Agenda Packet 2026-07-14 (AgendaPacket), dated July 12, 2026 from DICKINSON MANAGEMENT DISTRICT 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municap Inc hold?

Municap Inc 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 Municap Inc's profile

What is DICKINSON MANAGEMENT DISTRICT 1 currently buying?

Explore DICKINSON MANAGEMENT DISTRICT 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View DICKINSON MANAGEMENT DISTRICT 1's profile

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