CONTRACTAPPROVED

North Carolina Department of State Treasurer | State of North Carolina Awards Financial Services Contract to Truist Commercial Equity Inc (March 2026)

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
Not to exceed $9,000,000
From minutes
Approved
Mar 3, 2026
Renews
Free account

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What it covers

The Commission approved Truist Commercial Equity, Inc. as lender for Wayne County's up to $9 million school construction financing. The agreement covers Rosewood Middle School and Rosewood Elementary School and matures by April 1, 2046.

Who holds it

Truist Commercial Equity Inc holds this financial services contract with North Carolina Department of State Treasurer | State of North Carolina. Its other public contracts on record include work for Whitfield County and Padre Dam Municipal Water District.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $9,000,000
Document date
March 3, 2026
Term
Installment Financing Agreement; approximately 20 years; final maturity not to exceed April 1, 2046
Renews
On record
Source document
North Carolina Department of State Treasurer Minutes March 3, 2026 (Minutes)

Truist Commercial Equity Inc's other public contracts

More North Carolina Department of State Treasurer | State of North Carolina contracts

Questions about this contract

Who was awarded the financial services contract by North Carolina Department of State Treasurer | State of North Carolina?

Truist Commercial Equity Inc was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on March 3, 2026. The contract value is Not to exceed $9,000,000.

How much is the Truist Commercial Equity Inc contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Truist Commercial Equity Inc contract with North Carolina Department of State Treasurer | State of North Carolina is valued at Not to exceed $9,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer Minutes March 3, 2026 (Minutes), dated March 3, 2026 from North Carolina Department of State Treasurer | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Truist Commercial Equity Inc hold?

Truist Commercial Equity Inc 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 North Carolina Department of State Treasurer | State of North Carolina currently buying?

Explore North Carolina Department of State Treasurer | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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