CONTRACTAWARDED

Erie City SD Awards Financial Services Contract to Pnc Capital Markets LLC (October 2026)

Erie City SD
Disclosed value
Aggregate principal amount not to exceed $12,000,000; net aggregate purchase price not less than 95% of the aggregate principal amount, including underwriting discount and accrued interest
From resolution
Awarded
Oct 14, 2026

The 30-second brief

What it covers

The School District of the City of Erie awarded the private negotiated sale of up to $12 million of 2026 general obligation bonds to PNC Capital Markets LLC. The proceeds will finance capital improvements and bond issuance costs.

Who holds it

Pnc Capital Markets LLC holds this financial services contract with Erie City SD. Its other public contracts on record include work for Fort Bend Independent School District and City of Auburn Hills.

What happens next

Term as filed: Bond Purchase Agreement dated October 14, 2026; closing date to be determined in 2026.

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Contract details

Contract type
Financial Services
Amount
Aggregate principal amount not to exceed $12,000,000; net aggregate purchase price not less than 95% of the aggregate principal amount, including underwriting discount and accrued interest
Document date
October 14, 2026
Term
Bond Purchase Agreement dated October 14, 2026; closing date to be determined in 2026
Source document
The School District of the City of Erie Resolution Issuance of General Obligation Bonds 2026-10-14 (Resolution)

Pnc Capital Markets LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Erie City SD?

Pnc Capital Markets LLC was awarded this financial services contract by Erie City SD, as recorded on October 14, 2026. The contract value is Aggregate principal amount not to exceed $12,000,000; net aggregate purchase price not less than 95% of the aggregate principal amount, including underwriting discount and accrued interest.

How much is the Pnc Capital Markets LLC contract with Erie City SD worth?

The Pnc Capital Markets LLC contract with Erie City SD is valued at Aggregate principal amount not to exceed $12,000,000; net aggregate purchase price not less than 95% of the aggregate principal amount, including underwriting discount and accrued interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in The School District of the City of Erie Resolution Issuance of General Obligation Bonds 2026-10-14 (Resolution), dated October 14, 2026 from Erie City SD. 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 Erie City SD currently buying?

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

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