CONTRACTAPPROVED

Piedmont Municipal Power Agency Awards Financial Services Contract to Wells Fargo (May 2026)

Piedmont Municipal Power Agency
Disclosed value
Not to exceed $17 million
From minutes
Approved
May 21, 2026

The 30-second brief

What it covers

PMPA approved a Letter of Credit with Wells Fargo in an amount not to exceed $17 million for network transmission. The Board also authorized PMPA to open a Wells Fargo bank account to facilitate the Letter of Credit.

Who holds it

Wells Fargo holds this financial services contract with Piedmont Municipal Power Agency. Its other public contracts on record include work for Dallas County Juvenile Justice and Housing Finance Authority of Miami-Dade County.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $17 million
Document date
May 21, 2026
Source document
Piedmont Municipal Power Agency Minutes Board Meeting 2026-05-21 (Minutes)

Wells Fargo's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Piedmont Municipal Power Agency?

Wells Fargo was awarded this financial services contract by Piedmont Municipal Power Agency, as recorded on May 21, 2026. The contract value is Not to exceed $17 million.

How much is the Wells Fargo contract with Piedmont Municipal Power Agency worth?

The Wells Fargo contract with Piedmont Municipal Power Agency is valued at Not to exceed $17 million, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Piedmont Municipal Power Agency Minutes Board Meeting 2026-05-21 (Minutes), dated May 21, 2026 from Piedmont Municipal Power Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wells Fargo hold?

Wells Fargo 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 Piedmont Municipal Power Agency currently buying?

Explore Piedmont Municipal Power Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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