FINANCIAL_SERVICESAPPROVED

North Dakota Legislative Assembly Awards Financial Services Contract to Bank of North Dakota (September 2026)

The Legislative Assembly approved Senate Bill 2407, which uses a $20 million Bank of North Dakota line of credit for the North Dakota Military Museum project. The measure requires repayment from private donations and sets a March 31, 2029 donation checkpoint for possible extension or alternative repayment planning.

Document date · September 8, 2026

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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
$20 million
Contract type
FINANCIAL_SERVICES
Contract term
Through March 31, 2029; repayment expected from private donations appropriated in House Bill 1018 (2025)
Renewal date
2029-03-31
Renewal
If donations by March 31, 2029 are insufficient to repay the line of credit and accrued interest, the Legislative Assembly is required to consider extending the line of credit or evaluating other repayment sources during the 2029 session.
Document type
Report
Source document
North Dakota Legislative Council Report Special Session Overview September 8, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Dakota Legislative Assembly?

Bank of North Dakota was awarded this financial services contract by North Dakota Legislative Assembly, as recorded on September 8, 2026. The contract value is $20 million.

How much is the Bank of North Dakota contract with North Dakota Legislative Assembly worth?

The Bank of North Dakota contract with North Dakota Legislative Assembly is valued at $20 million, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Dakota Legislative Council Report Special Session Overview September 8, 2026 (Report), dated September 8, 2026 from North Dakota Legislative Assembly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of North Dakota hold?

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