FINANCIAL_SERVICESAPPROVED

Forsyth County Awards Financial Services Contract to Pnc Bank National Association (August 2026)

Forsyth County approved PNC Bank, National Association as the financing provider for up to $26,850,000 in 2026 Limited Obligation Bond interim financing. The Board authorized execution of the amended installment contract, trust indenture supplement, and purchase agreement to fund multiple County facility projects.

Status
APPROVED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pnc Bank National Association
Agency
Forsyth County · NC

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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
Not to exceed $26,850,000
Contract type
FINANCIAL_SERVICES
Contract term
Interim Limited Obligation Bond financing; advances through an Advance Termination Date with a term loan period and maturity as defined in the First Supplement
Renewal
Financing documents include advance, term loan, and prepayment provisions; they amend a 2021 installment contract and indenture but do not describe traditional renewal. The bonds will amortize to a defined maturity date as set in the First Supplement.
Document type
AgendaPacket
Source document
Forsyth County AgendaPacket Items for Consideration 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Forsyth County?

Pnc Bank National Association was awarded this financial services contract by Forsyth County, as recorded on August 13, 2026. The contract value is Not to exceed $26,850,000.

How much is the Pnc Bank National Association contract with Forsyth County worth?

The Pnc Bank National Association contract with Forsyth County is valued at Not to exceed $26,850,000, 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 Forsyth County AgendaPacket Items for Consideration 2026-08-13 (AgendaPacket), dated August 13, 2026 from Forsyth County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pnc Bank National Association hold?

Pnc Bank National Association 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 Bank National Association's profile

What is Forsyth County currently buying?

Explore Forsyth County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Forsyth County's profile

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