Truist’s lease-purchase financing bid not selected
City of MauldinCity · Mauldin, SC- Document date
- Aug 3, 2026
The 30-second brief
Truist submitted a competitive bid to finance Mauldin’s FY2027 lease purchases with fixed 5-, 7-, and 10-year rates, but its proposal was not selected. Staff instead recommended awarding the lease-purchase financing to SouthState Bank as the lowest responsive bidder.
TRUIST holds this financial services contract with City of Mauldin. Its other public contracts on record include work for Citrus County and Northern Virginia Community College.
Term as filed: Proposed 5-year, 7-year, and 10-year terms at fixed rates (5-year 3.689%, 7-year 3.787%, 10-year 3.937%).
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Contract details
- Contract type
- Financial Services
- Document date
- August 3, 2026
- Term
- Proposed 5-year, 7-year, and 10-year terms at fixed rates (5-year 3.689%, 7-year 3.787%, 10-year 3.937%)
- Vendor
- TRUIST
- Agency
- City of Mauldin
- Source document
- City of Mauldin Finance and Policy Committee Agenda Packet 2026-08-03 (AgendaPacket)
TRUIST's other public contracts
More City of Mauldin contracts
Questions about this contract
Who was awarded the financial services contract by City of Mauldin?
TRUIST was awarded this financial services contract by City of Mauldin, as recorded on August 3, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Mauldin Finance and Policy Committee Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Mauldin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does TRUIST hold?
TRUIST 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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