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Richardson Independent School District Awards $25,000,000 Financial Services Contract to Royal Bank of Canada (August 2026)

Richardson Independent School District logoRichardson Independent School District
Disclosed value
$25,000,000.00
From report
Awarded
Aug 6, 2026
Renews
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The 30-second brief

What it covers

Richardson ISD purchased $25 million of Royal Bank of Canada commercial paper on June 15, 2026 for its 2021 Construction Fund, with a 4.047% yield to maturity and a February 11, 2027 maturity. The transaction enhances returns on construction-related cash balances.

Who holds it

Royal Bank of Canada holds this financial services contract with Richardson Independent School District. Its other public contracts on record include work for Municipality of Trent Lakes and Town of Smiths Falls.

What happens next

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Contract details

Contract type
Financial Services
Amount
$25,000,000.00
Document date
August 6, 2026
Term
June 15, 2026 – February 11, 2027 (maturity)
Renews
On record
Vendor
Royal Bank of Canada
Agency
Richardson Independent School District
Source document
Richardson Independent School District Report Quarterly Investment Report 2026-08-06 (Report)

Royal Bank of Canada's other public contracts

Municipality of Trent Lakes, ONTrent Lakes Considers Royal Bank Direction Letter · Nov 3, 2026UndisclosedTown of Smiths Falls, ONSmiths Falls Considers Royal Bank Infrastructure Agreement · Nov 2, 2026UndisclosedTown of Three Hills, ABThree Hills Completes Royal Bank of Canada Loan Payout · Oct 26, 2026UndisclosedTown of Black Diamond, ABTown Recommends Continuing Royal Bank Banking Relationship · Oct 21, 2026UndisclosedVillage of Merrickville-Wolford, ONCouncil to Consider Royal Bank Borrowing Agreement · Oct 13, 2026UndisclosedAll Royal Bank of Canada contractsVendor profile

More Richardson Independent School District contracts

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Questions about this contract

Who was awarded the financial services contract by Richardson Independent School District?

Royal Bank of Canada was awarded this financial services contract by Richardson Independent School District, as recorded on August 6, 2026. The contract value is $25,000,000.00.

How much is the Royal Bank of Canada contract with Richardson Independent School District worth?

The Royal Bank of Canada contract with Richardson Independent School District is valued at $25,000,000.00, 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 Richardson Independent School District Report Quarterly Investment Report 2026-08-06 (Report), dated August 6, 2026 from Richardson Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Royal Bank of Canada hold?

Royal Bank of Canada 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 Richardson Independent School District currently buying?

Explore Richardson Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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