CONTRACTAPPROVED

City of Kannapolis Awards Financial Services Contract to Davenport Public Finance (June 2026)

City of Kannapolis logoCity of Kannapolis
Disclosed value
Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses
From agendapacket
Approved
Jun 22, 2026

The 30-second brief

What it covers

Kannapolis approved a special projects financial advisory engagement with Davenport Public Finance for the proposed November 2026 GO Bond referendum, capping advisory fees at $25,000 plus a 4% surcharge and expenses. Davenport will analyze financial impacts, assist with Local Government Commission approvals, and support debt planning for the parks bond program.

Who holds it

Davenport Public Finance holds this financial services contract with City of Kannapolis. Its other public contracts on record include work for Town of Rocky Mount and Fauquier County.

What happens next

Term as filed: Engagement effective until terminated by either party with 30 days written notice.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses
Document date
June 22, 2026
Term
Engagement effective until terminated by either party with 30 days written notice
Source document
City of Kannapolis AgendaPacket 2026-06-22 (AgendaPacket)

Davenport Public Finance's other public contracts

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Questions about this contract

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

Davenport Public Finance was awarded this financial services contract by City of Kannapolis, as recorded on June 22, 2026. The contract value is Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses.

How much is the Davenport Public Finance contract with City of Kannapolis worth?

The Davenport Public Finance contract with City of Kannapolis is valued at Not to exceed $25,000 plus 4% surcharge on advisory fee and out-of-pocket expenses, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Kannapolis AgendaPacket 2026-06-22 (AgendaPacket), dated June 22, 2026 from City of Kannapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Davenport Public Finance hold?

Davenport Public Finance 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 Kannapolis currently buying?

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

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