CONTRACTDISCUSSED

City to consolidate repaving funds at Summit Bank

City of Charles logoCity of Charles
Disclosed value
Approximately $350,000 transfer from Arvest account; existing repaving investment account balance noted in report
From agenda
Document date
Feb 7, 2022

The 30-second brief

What it covers

The City of Charles Town Finance Committee proposed consolidating repaving funds by transferring about $350,000 from a former Arvest Bank account into the City’s existing repaving investment account held at Summit Bank. This action would centralize resources for future street resurfacing projects.

Who holds it

Summit Bank holds this financial services contract with City of Charles. Its other public contracts on record include work for Banks Fire District #13 and Shangri La Water District.

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Contract details

Contract type
Financial Services
Amount
Approximately $350,000 transfer from Arvest account; existing repaving investment account balance noted in report
Document date
February 7, 2022
Source document
city-of-charles-town-council-agenda-february-7-2022_255.pdf (Agenda)

Summit Bank's other public contracts

More City of Charles contracts

Questions about this contract

Who was awarded the financial services contract by City of Charles?

Summit Bank was awarded this financial services contract by City of Charles, as recorded on February 7, 2022. The contract value is Approximately $350,000 transfer from Arvest account; existing repaving investment account balance noted in report.

How much is the Summit Bank contract with City of Charles worth?

The Summit Bank contract with City of Charles is valued at Approximately $350,000 transfer from Arvest account; existing repaving investment account balance noted in report, 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-charles-town-council-agenda-february-7-2022_255.pdf (Agenda), dated February 7, 2022 from City of Charles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Summit Bank hold?

Summit Bank 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 Charles currently buying?

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

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