FINANCIAL_SERVICESONGOING

PNC Manages $18.3 Million in District Investments

Brownsville ISD utilizes PNC Institutional Asset Management to manage $18,265,462.11 in money market funds, cash equivalents, and Treasury bonds with rates up to 3.86% and maturities extending to January 15, 2029. The managed portfolio supports the district’s long- and short-term investment objectives.

Status
ONGOING
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pnc Institutional Asset Management
Agency
Brownsville Independent School District · TX

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TerraCycle logo
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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
$18,265,462.11
Contract type
FINANCIAL_SERVICES
Contract term
Holdings as of 04/01/26 with maturities ranging from 06/30/26 to 02/03/27 and 01/15/29
Renewal date
2029-01-15
Renewal
Portfolio includes instruments maturing 2026-06-30, 2027-02-03, and 2029-01-15; the broader asset management arrangement appears ongoing with no stated termination date in the report.
Document type
Report
Source document
Brownsville Independent School District Quarterly Investment Report 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Brownsville Independent School District?

Pnc Institutional Asset Management was awarded this financial services contract by Brownsville Independent School District, as recorded on August 4, 2026. The contract value is $18,265,462.11.

How much is the Pnc Institutional Asset Management contract with Brownsville Independent School District worth?

The Pnc Institutional Asset Management contract with Brownsville Independent School District is valued at $18,265,462.11, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Brownsville Independent School District Quarterly Investment Report 2026-08-04 (Report), dated August 4, 2026 from Brownsville Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pnc Institutional Asset Management hold?

Pnc Institutional Asset Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Brownsville Independent School District currently buying?

Explore Brownsville Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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