FINANCIAL_SERVICESAWARDED

City of Franklin Awards Financial Services Contract to Pinnacle Financial Partners (May 2026)

The City of Franklin awarded Pinnacle Financial Partners a contract for comprehensive banking and lockbox processing services, with estimated annual fees of $39,782.64 and expected interest earnings of $1,023,044.64. The contract will support finance, billing, and licensing operations, following a competitive procurement process.

Status
AWARDED
Document date
May 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pinnacle Financial Partners
Agency
City of Franklin · TN

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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
$1,023,044.64 (estimated interest earnings) and $39,782.64 (fees) annually
Contract type
FINANCIAL_SERVICES
Contract term
Term of award (exact duration not specified)
Document type
Agenda
Source document
City of Franklin Budget & Finance Committee Meeting Agenda 2026-05-14

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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 Franklin?

Pinnacle Financial Partners was awarded this financial services contract by City of Franklin, as recorded on May 14, 2026. The contract value is $1,023,044.64 (estimated interest earnings) and $39,782.64 (fees) annually.

How much is the Pinnacle Financial Partners contract with City of Franklin worth?

The Pinnacle Financial Partners contract with City of Franklin is valued at $1,023,044.64 (estimated interest earnings) and $39,782.64 (fees) annually, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Franklin Budget & Finance Committee Meeting Agenda 2026-05-14 (Agenda), dated May 14, 2026 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pinnacle Financial Partners hold?

Pinnacle Financial Partners 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 Pinnacle Financial Partners's profile

What is City of Franklin currently buying?

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

View City of Franklin's profile

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