FINANCIAL_SERVICESAPPROVED

Borough of Kane Awards Financial Services Contract to PNC (May 2026)

Kane Borough Council approved a contract with PNC for management of a $10 million Treasury investment ladder. The agreement includes a $20,000 annual handling fee and provides for investments over 5, 7, 10, and 20 year timeframes.

Status
APPROVED
Document date
May 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
PNC
Agency
Borough of Kane · PA

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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
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
$20,000 annual handling fee
Contract type
FINANCIAL_SERVICES
Contract term
5, 7, 10, and 20 year Treasury investments; annuity fees annual
Renewal
Annual handling fee; contract runs concurrent with multi-year investment laddering. Subject to ongoing portfolio management as investments mature or are restructured.
Document type
Minutes
Source document
Kane Borough Minutes Special Council Meeting 2026-05-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Borough of Kane?

PNC was awarded this financial services contract by Borough of Kane, as recorded on May 28, 2026. The contract value is $20,000 annual handling fee.

How much is the PNC contract with Borough of Kane worth?

The PNC contract with Borough of Kane is valued at $20,000 annual handling fee, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Kane Borough Minutes Special Council Meeting 2026-05-28 (Minutes), dated May 28, 2026 from Borough of Kane. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PNC hold?

PNC 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 PNC's profile

What is Borough of Kane currently buying?

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

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