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Principal Trust Company Set to Assume Custodial Duties

Key Biscayne Police Department logoKey Biscayne Police Department
Document date
Feb 23, 2026

The 30-second brief

What it covers

The retirement plan board discussed transitioning custodial duties to Principal Trust Company from Truist. The agenda did not state a contract amount, term, or implementation date.

Who holds it

Principal Trust Company holds this financial services contract with Key Biscayne Police Department. Its other public contracts on record include work for Contra Costa Water District and Town of Wellesley.

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Contract details

Contract type
Financial Services
Document date
February 23, 2026
Vendor
Principal Trust Company
Agency
Key Biscayne Police Department
Source document
Key Biscayne Police Officers’ & Firefighters’ Retirement Plan Agenda Meeting 2026-02-23 (Agenda)

Principal Trust Company's other public contracts

Contra Costa Water District, CaliforniaPrincipal Trust Company Provides CCWD Trust Services · Nov 7, 2026UndisclosedTown of Wellesley, MassachusettsWellesley Approves Principal Trust Rollover Payment · May 26, 2026$15.8KCity of Delano, CaliforniaPrincipal Trust Company Trust Services for Delano Pension · Feb 10, 2026UndisclosedKey Biscayne Police Department, FloridaPrincipal Trust Company Named Successor Pension Custodian · Dec 2, 2025UndisclosedCity of Delano, CaliforniaPrincipal Trust Company Provides Pension Trust Services · Nov 12, 2025UndisclosedAll Principal Trust Company contractsVendor profile

More Key Biscayne Police Department contracts

Burgess Chambers & AssociatesRetirement Plan Reviews Burgess Chambers Performance Report · Aug 25, 2026UndisclosedPRINCIPALRetirement Plan Considers Service Agreement With Principal · Aug 25, 2026UndisclosedBurgess Chambers & AssociatesRetirement Plan to Review Burgess Chambers Performance Report · May 12, 2026UndisclosedGRSGRS Scheduled to Present Retirement Plan Valuation · Feb 23, 2026UndisclosedBurgess Chambers & AssociatesRetirement Plan Reviews Burgess Chambers Performance Report · Feb 23, 2026UndisclosedAll Key Biscayne Police Department activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Key Biscayne Police Department?

Principal Trust Company was awarded this financial services contract by Key Biscayne Police Department, as recorded on February 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Key Biscayne Police Officers’ & Firefighters’ Retirement Plan Agenda Meeting 2026-02-23 (Agenda), dated February 23, 2026 from Key Biscayne Police Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Principal Trust Company hold?

Principal Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Key Biscayne Police Department currently buying?

Explore Key Biscayne Police Department's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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