City of Ocean Awards Financial Services Contract to Pnc Capital Markets LLC (November 2026)
City of OceanCity · Ocean City, MD- Disclosed value
- Total proceeds of $17,483,145.95; true interest cost of 4.21%
- From agendapacket
- Awarded
- Nov 7, 2026
- Term
- 2026 bond sale; awarded October 29, 2026
The 30-second brief
Ocean City awarded its 2026 municipal bonds to PNC Capital Markets LLC, the low bidder. The sale generated $17,483,145.95 in proceeds at a 4.21% true interest cost.
Pnc Capital Markets LLC holds this financial services contract with City of Ocean. Its other public contracts on record include work for City of Pensacola - Public Works & Facilities and Fort Bend Independent School District.
Term as filed: 2026 bond sale; awarded October 29, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- Total proceeds of $17,483,145.95; true interest cost of 4.21%
- Document date
- November 7, 2026
- Term
- 2026 bond sale; awarded October 29, 2026
- Vendor
- Pnc Capital Markets LLC
- Agency
- City of Ocean
- Source document
- Town of Ocean City AgendaPacket Work Session November 10, 2026 (AgendaPacket)
Pnc Capital Markets LLC's other public contracts
More City of Ocean contracts
Questions about this contract
Who was awarded the financial services contract by City of Ocean?
Pnc Capital Markets LLC was awarded this financial services contract by City of Ocean, as recorded on November 7, 2026. The contract value is Total proceeds of $17,483,145.95; true interest cost of 4.21%.
How much is the Pnc Capital Markets LLC contract with City of Ocean worth?
The Pnc Capital Markets LLC contract with City of Ocean is valued at Total proceeds of $17,483,145.95; true interest cost of 4.21%, 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 Town of Ocean City AgendaPacket Work Session November 10, 2026 (AgendaPacket), dated November 7, 2026 from City of Ocean. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pnc Capital Markets LLC hold?
Pnc Capital Markets LLC 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 Ocean currently buying?
Explore City of Ocean's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.