FINANCIAL_SERVICESAWARDED

Western Kentucky University Awards Financial Services Contract to Wilmington Trust National Association (April 2026)

Wilmington Trust, National Association will serve as trustee for Western Kentucky University’s student housing P3 bonds, administering up to $400 million in bond proceeds and housing revenues. The trustee will oversee disbursements for construction and distribute surplus revenues to the University under the trust indenture.

Status
AWARDED
Document date
April 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wilmington Trust National Association
Agency
Western Kentucky University · KY

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $400,000,000 in bond principal administered; trustee fees not stated
Contract type
FINANCIAL_SERVICES
Contract term
Trust indenture term coextensive with bonds term, not to exceed forty years
Renewal
Trustee engagement lasts for the life of the Series 2026 bonds under the indenture, up to forty years, with any successor provisions governed by the indenture.
Document type
Resolution
Source document
Western Kentucky University Resolution Authorization for P3 Student Housing Transaction 2026-04-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Western Kentucky University?

Wilmington Trust National Association was awarded this financial services contract by Western Kentucky University, as recorded on April 24, 2026. The contract value is Up to $400,000,000 in bond principal administered; trustee fees not stated.

How much is the Wilmington Trust National Association contract with Western Kentucky University worth?

The Wilmington Trust National Association contract with Western Kentucky University is valued at Up to $400,000,000 in bond principal administered; trustee fees not stated, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Western Kentucky University Resolution Authorization for P3 Student Housing Transaction 2026-04-24 (Resolution), dated April 24, 2026 from Western Kentucky University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wilmington Trust National Association hold?

Wilmington Trust National Association 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 Wilmington Trust National Association's profile

What is Western Kentucky University currently buying?

Explore Western Kentucky University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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