SOCWA Maintains Mercantile ICS Insured Cash Sweep

Scope & details

The full contract record, as filed.

Contract amount

$2,374,026 on deposit as of 6/30/26 (full FDIC insurance via ICS)

Contract type

FINANCIAL_SERVICES

Renewal

Ongoing ICS insured cash sweep arrangement with Mercantile Bank to provide full FDIC insurance on deposits; no stipulated renewal date or term end.

Document type

AgendaPacket

Source document

Southeastern Oakland County Water Authority AgendaPacket Organization Meeting 2026-07-08

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Southeastern Oakland County Water Authority AgendaPacket Organization Meeting 2026-07-10

ONGOING

Southeastern Oakland County Water Authority, Michigan$2,374,026 balance as of 6/30/26 (fully FDIC insured via ICS)Jul 9, 2026

Southeastern Oakland County Water Authority Organization Meeting Agenda Packet July 2025

ONGOING

Southeastern Oakland County Water Authority, Michigan$2,804,020 balance as of 6/30/25Jul 9, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Southeastern Oakland County Water Authority?

Mercantile - Ics was awarded this financial services contract by Southeastern Oakland County Water Authority, as recorded on July 8, 2026. The contract value is $2,374,026 on deposit as of 6/30/26 (full FDIC insurance via ICS).

How much is the Mercantile - Ics contract with Southeastern Oakland County Water Authority worth?

The Mercantile - Ics contract with Southeastern Oakland County Water Authority is valued at $2,374,026 on deposit as of 6/30/26 (full FDIC insurance via ICS), 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 Southeastern Oakland County Water Authority AgendaPacket Organization Meeting 2026-07-08 (AgendaPacket), dated July 8, 2026 from Southeastern Oakland County Water Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mercantile - Ics hold?

Mercantile - Ics 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 Mercantile - Ics's profile

What is Southeastern Oakland County Water Authority currently buying?

Explore Southeastern Oakland County Water Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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