FINANCIAL_SERVICESREJECTED

Wells Fargo bid on Series 2026E not accepted

Wells Fargo Bank, National Association, competitively bid to purchase Washington’s Series 2026E Bid Group 1 GO bonds but was not chosen. Its offer resulted in a slightly higher true interest cost than the winning bid.

Status
REJECTED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Wells Fargo Bank National Association
Agency
Office of the Washington State Treasurer · WA

Trusted by teams at

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
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
Bid of $433,564,139.28 purchase price on $385,435,000 principal (not awarded)
Contract type
FINANCIAL_SERVICES
Contract term
Proposed bonds maturing August 1, 2034–August 1, 2044
Renewal
One-time rejected underwriting bid; no contract formed.
Document type
Resolution
Source document
State Finance Committee Resolution 1313 2026-06-16

Related contracts

Other contracts from Wells Fargo Bank National Association.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Office of the Washington State Treasurer?

Wells Fargo Bank National Association was awarded this financial services contract by Office of the Washington State Treasurer, as recorded on June 16, 2026. The contract value is Bid of $433,564,139.28 purchase price on $385,435,000 principal (not awarded).

How much is the Wells Fargo Bank National Association contract with Office of the Washington State Treasurer worth?

The Wells Fargo Bank National Association contract with Office of the Washington State Treasurer is valued at Bid of $433,564,139.28 purchase price on $385,435,000 principal (not awarded), 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 State Finance Committee Resolution 1313 2026-06-16 (Resolution), dated June 16, 2026 from Office of the Washington State Treasurer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wells Fargo Bank National Association hold?

Wells Fargo Bank 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 Wells Fargo Bank National Association's profile

What is Office of the Washington State Treasurer currently buying?

Explore Office of the Washington State Treasurer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Office of the Washington State Treasurer's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free