FINANCIAL_SERVICESAPPROVED

City of Norman Awards Financial Services Contract to Oklahoma Tobacco Settlement Endowment Trust (September 2026)

The City of Norman is entering into Cooperative Agreement K-2627-55 with the Oklahoma Tobacco Settlement Endowment Trust for up to $299,000 in Year 1, as part of a $598,000 Built Environment Grant to replace and upgrade the Kids Space playground at Reaves Park. The FY2027 agreement runs from September 1, 2026 through August 31, 2027 and requires monthly reporting, tobacco-free branding, and reimbursement-based funding.

Document date · September 1, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $299,000.00 for Year 1 (total grant $598,000 over two years)
Contract type
FINANCIAL_SERVICES
Contract term
September 1, 2026 – August 31, 2027 (Year 1 of a 2-year agreement; may be renewed for up to 1 additional year)
Renewal date
2027-08-31
Renewal
Year 1 agreement runs September 1, 2026 to August 31, 2027 and may be renewed for up to one additional year based on performance and contingent on available TSET earnings; overall Built Environment Grant is structured as a two-year award totaling $598,000.
Document type
AgendaPacket
Source document
City of Norman AgendaPacket City Council Special Meeting 2026-09-01

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Oklahoma Tobacco Settlement Endowment Trust was awarded this financial services contract by City of Norman, as recorded on September 1, 2026. The contract value is Not to exceed $299,000.00 for Year 1 (total grant $598,000 over two years).

How much is the Oklahoma Tobacco Settlement Endowment Trust contract with City of Norman worth?

The Oklahoma Tobacco Settlement Endowment Trust contract with City of Norman is valued at Not to exceed $299,000.00 for Year 1 (total grant $598,000 over two years), 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 Norman AgendaPacket City Council Special Meeting 2026-09-01 (AgendaPacket), dated September 1, 2026 from City of Norman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oklahoma Tobacco Settlement Endowment Trust hold?

Oklahoma Tobacco Settlement Endowment Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Oklahoma Tobacco Settlement Endowment Trust's profile

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