CONTRACTRECOMMENDED

PNC Bank Line Of Credit Recommended For FDOT Project

Peace River-Manasota Regional Water Supply Authority logoPeace River-Manasota Regional Water Supply Authority
Disclosed value
Not to exceed $5,000,000
From agenda
Document date
Oct 9, 2026
Term
3-5 years

The 30-second brief

What it covers

The Authority is recommending a line of credit with PNC Bank of up to $5 million to fund the remaining payment required for the FDOT Kings Highway project. The short-term financing is expected to be repaid over three to five years using future System-Wide Benefits funds.

Who holds it

Pnc Bank holds this financial services contract with Peace River-Manasota Regional Water Supply Authority. Its other public contracts on record include work for Metropolitan Sewer District of Greater Cincinnati and Kalamazoo County Council Of Governments.

What happens next

Term as filed: 3-5 years.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $5,000,000
Document date
October 9, 2026
Term
3-5 years
Vendor
Pnc Bank
Source document
Peace River Manasota Regional Water Supply Authority Agenda Summary Agenda October 9, 2026 (Agenda)

Pnc Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Peace River-Manasota Regional Water Supply Authority?

Pnc Bank was awarded this financial services contract by Peace River-Manasota Regional Water Supply Authority, as recorded on October 9, 2026. The contract value is Not to exceed $5,000,000.

How much is the Pnc Bank contract with Peace River-Manasota Regional Water Supply Authority worth?

The Pnc Bank contract with Peace River-Manasota Regional Water Supply Authority is valued at Not to exceed $5,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Peace River Manasota Regional Water Supply Authority Agenda Summary Agenda October 9, 2026 (Agenda), dated October 9, 2026 from Peace River-Manasota Regional Water Supply Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pnc Bank hold?

Pnc Bank 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 Peace River-Manasota Regional Water Supply Authority currently buying?

Explore Peace River-Manasota Regional Water Supply Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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