CONTRACTRATIFIED

Avalon Ratifies $448,000 PLGIT Certificate Investments

Borough of Avalon logoBorough of Avalon
Disclosed value
$244,000 at 4.70% net yield and $204,000 at 4.380% net yield (total $448,000)
From agenda
Document date
Oct 20, 2026
Renews
Free account

The 30-second brief

What it covers

Avalon Borough ratified the reinvestment of $448,000 in Sewage Surcharge Funds with PLGIT through two 180-day certificate of deposit accounts. The accounts mature March 31, 2027, with net yields of 4.70% and 4.380%.

Who holds it

PLGIT holds this financial services contract with Borough of Avalon. Its other public contracts on record include work for Town of Upper Moreland and Borough of Elizabethtown.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Borough of Avalon contract.

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Contract details

Contract type
Financial Services
Amount
$244,000 at 4.70% net yield and $204,000 at 4.380% net yield (total $448,000)
Document date
October 20, 2026
Term
Two separate 180-day certificate of deposit accounts, maturing March 31, 2027
Renews
Free account
Vendor
PLGIT
Source document
Borough of Avalon Agenda Council Meeting October 20, 2026 (Agenda)

PLGIT's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Borough of Avalon?

PLGIT was awarded this financial services contract by Borough of Avalon, as recorded on October 20, 2026. The contract value is $244,000 at 4.70% net yield and $204,000 at 4.380% net yield (total $448,000).

How much is the PLGIT contract with Borough of Avalon worth?

The PLGIT contract with Borough of Avalon is valued at $244,000 at 4.70% net yield and $204,000 at 4.380% net yield (total $448,000), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Borough of Avalon Agenda Council Meeting October 20, 2026 (Agenda), dated October 20, 2026 from Borough of Avalon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PLGIT hold?

PLGIT 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 Borough of Avalon currently buying?

Explore Borough of Avalon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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