CONTRACTRECOMMENDED

Infrastructure Letter of Credit Renewal Recommended for Conway Bank

City of Conway logoCity of Conway
Disclosed value
Current letter of credit: $163,760.89; reduced renewal amount: $104,911.38
From agenda
Document date
Nov 5, 2026
Renews
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The 30-second brief

What it covers

Planning Commission staff recommended extending Conway National Bank’s infrastructure letter of credit for Rivertown Row North Phase 1. The renewal would reduce the guarantee from $163,760.89 to $104,911.38 and extend it for one year through November 29, 2027.

Who holds it

Conway National Bank holds this financial services contract with City of Conway. Its other public contracts on record include work for Coast Regional Transportation Authority/Waccamaw Rta and Town of Conway.

What happens next

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Contract details

Contract type
Financial Services
Amount
Current letter of credit: $163,760.89; reduced renewal amount: $104,911.38
Document date
November 5, 2026
Term
One-year extension from November 29, 2026 to November 29, 2027
Renews
On record
Source document
City of Conway Agenda Planning Commission Meeting Agenda 2026-11-05 (Agenda)

Conway National Bank's other public contracts

More City of Conway contracts

Questions about this contract

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

Conway National Bank was awarded this financial services contract by City of Conway, as recorded on November 5, 2026. The contract value is Current letter of credit: $163,760.89; reduced renewal amount: $104,911.38.

How much is the Conway National Bank contract with City of Conway worth?

The Conway National Bank contract with City of Conway is valued at Current letter of credit: $163,760.89; reduced renewal amount: $104,911.38, 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 Conway Agenda Planning Commission Meeting Agenda 2026-11-05 (Agenda), dated November 5, 2026 from City of Conway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Conway National Bank hold?

Conway National 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 Conway currently buying?

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

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