CONTRACTRECOMMENDED

Truist Serves As Trustee For Lincoln School Bonds

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$26,000,000
From staffreport
Document date
Aug 4, 2026
Term
20 years
Renews
Free account

The 30-second brief

What it covers

Truist Corporate Trust and Escrow Services is identified as trustee for Lincoln County's proposed $26 million school-improvement bonds. The bonds are structured for a 20-year term with final maturity in 2046.

Who holds it

Truist Corporate Trust & Escrow Services 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 Orange County Housing Finance Authority and Edgecombe County Schools.

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Contract details

Contract type
Financial Services
Amount
$26,000,000
Document date
August 4, 2026
Term
20 years
Renews
On record
Vendor
Truist Corporate Trust & Escrow Services
Source document
North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport)

Truist Corporate Trust & Escrow Services's other public contracts

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Questions about this contract

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

Truist Corporate Trust & Escrow Services was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on August 4, 2026. The contract value is $26,000,000.

How much is the Truist Corporate Trust & Escrow Services contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Truist Corporate Trust & Escrow Services contract with North Carolina Department of State Treasurer | State of North Carolina is valued at $26,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport), dated August 4, 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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