CONTRACTREJECTED

Truist’s offer for Series 2026E bonds rejected

Office of the Washington State Treasurer logoOffice of the Washington State Treasurer
Disclosed value
Bid of $433,392,137.35 purchase price on $385,435,000 principal (not awarded)
From resolution
Document date
Jun 16, 2026

The 30-second brief

What it covers

Truist Securities, Inc. was among the bidders for Washington’s Series 2026E Bid Group 1 GO bonds but did not secure the underwriting. Its bid featured a higher true interest cost relative to the winning firm.

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 August 1, 2034–August 1, 2044.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Bid of $433,392,137.35 purchase price on $385,435,000 principal (not awarded)
Document date
June 16, 2026
Term
Proposed bonds maturing August 1, 2034–August 1, 2044
Source document
State Finance Committee Resolution 1313 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 Bid of $433,392,137.35 purchase price on $385,435,000 principal (not awarded).

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 Bid of $433,392,137.35 purchase price on $385,435,000 principal (not awarded), 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 1313 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.

Show 2 more questions

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.

Work in government? Get Civic IQ free →

The coverage behind every signal

agencies covered
100,000+agencies covered
buying signals a week
400,000+buying signals a week
decision makers
2.6M+decision makers
in government spend tracked
$14T+in government spend tracked

Trusted by 200+ enterprise teams

Motive logoVeritone logoTerraCycle logoCyvl logoWithersRavenel logoDerivita logoSafeTouch logoIANS Research logoSewerAI logoProdigy Education logoEPR Fireworks logoFlow Labs logoCloudpermit logoMotive logoVeritone logoTerraCycle logoCyvl logoWithersRavenel logoDerivita logoSafeTouch logoIANS Research logoSewerAI logoProdigy Education logoEPR Fireworks logoFlow Labs logoCloudpermit logoMotive logoVeritone logoTerraCycle logoCyvl logoWithersRavenel logoDerivita logoSafeTouch logoIANS Research logoSewerAI logoProdigy Education logoEPR Fireworks logoFlow Labs logoCloudpermit logoMotive logoVeritone logoTerraCycle logoCyvl logoWithersRavenel logoDerivita logoSafeTouch logoIANS Research logoSewerAI logoProdigy Education logoEPR Fireworks logoFlow Labs logoCloudpermit logo