CONTRACTREJECTED

Truist bid among unsuccessful offers for 2026F bonds

Office of the Washington State Treasurer logoOffice of the Washington State Treasurer
Disclosed value
$543,270,000 (bid price $593,494,166.04; premium amount truncated/not fully visible)
From resolution
Document date
Jun 16, 2026

The 30-second brief

What it covers

Truist Securities, Inc. bid to underwrite $543.27 million of Washington’s Series 2026F transportation general obligation bonds at a price of about $593.49 million was not accepted. The State instead awarded the issue to a competing firm offering a lower borrowing cost.

Who holds it

Truist Securities Inc holds this financial services contract with Office of the Washington State Treasurer. Its other public contracts on record include work for Town of Needham and City of Forney.

What happens next

Term as filed: Proposed bonds maturing annually June 1, 2027 through June 1, 2051.

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Contract details

Contract type
Financial Services
Amount
$543,270,000 (bid price $593,494,166.04; premium amount truncated/not fully visible)
Document date
June 16, 2026
Term
Proposed bonds maturing annually June 1, 2027 through June 1, 2051
Source document
State Finance Committee Resolution 1314 2026-06-16 (Resolution)

Truist Securities Inc's other public contracts

More Office of the Washington State Treasurer contracts

Questions about this contract

Who was awarded the financial services contract by Office of the Washington State Treasurer?

Truist Securities Inc was awarded this financial services contract by Office of the Washington State Treasurer, as recorded on June 16, 2026. The contract value is $543,270,000 (bid price $593,494,166.04; premium amount truncated/not fully visible).

How much is the Truist Securities Inc contract with Office of the Washington State Treasurer worth?

The Truist Securities Inc contract with Office of the Washington State Treasurer is valued at $543,270,000 (bid price $593,494,166.04; premium amount truncated/not fully visible), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in State Finance Committee Resolution 1314 2026-06-16 (Resolution), dated June 16, 2026 from Office of the Washington State Treasurer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Truist Securities Inc hold?

Truist Securities 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 Office of the Washington State Treasurer currently buying?

Explore Office of the Washington State Treasurer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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