U.S. Bank issues standby letter of credit for Pinecrest improvements
City of West ColumbiaCity · West Columbia, SC- Disclosed value
- $322,053.68
- From agenda
- Document date
- May 5, 2026
- Renews
- Free account
The 30-second brief
U.S. Bank National Association issued a $322,053.68 irrevocable standby letter of credit securing subdivision improvements for Pinecrest Phase 2 on behalf of Mungo Homes, naming the City of West Columbia as beneficiary. The instrument automatically renews annually and is proposed for extension through May 31, 2027.
Us Bank National Association holds this financial services contract with City of West Columbia. Its other public contracts on record include work for San Marcos Unified and Napa Co Regional Park And Open Space District.
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Contract details
- Contract type
- Financial Services
- Amount
- $322,053.68
- Document date
- May 5, 2026
- Term
- Initial expiration May 31, 2025, automatically extended annually unless notice, not beyond May 31, 2026; proposed extension of bond expiration to May 31, 2027
- Renews
- On record
- Agency
- City of West Columbia
- Source document
- City of West Columbia Council Meeting Agenda May 2026 (Agenda)
Us Bank National Association's other public contracts
More City of West Columbia contracts
Questions about this contract
Who was awarded the financial services contract by City of West Columbia?
Us Bank National Association was awarded this financial services contract by City of West Columbia, as recorded on May 5, 2026. The contract value is $322,053.68.
How much is the Us Bank National Association contract with City of West Columbia worth?
The Us Bank National Association contract with City of West Columbia is valued at $322,053.68, 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 City of West Columbia Council Meeting Agenda May 2026 (Agenda), dated May 5, 2026 from City of West Columbia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Us Bank National Association hold?
Us 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.
What is City of West Columbia currently buying?
Explore City of West Columbia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
