South Dakota Water and Natural Resources Board | State of South Dakota Awards Financial Services Contract to Truist Securities (September 2026)
South Dakota Water and Natural Resources Board | State of South DakotaState · Pierre, SD- Disclosed value
- $186,585,000 par amount; 4.4641% true interest rate
- From minutes
- Awarded
- Sep 24, 2026
The 30-second brief
Truist Securities won the bidding for the $186.585 million Series 2026B bond issue. The issue provided leveraged funding for both the Drinking Water and Clean Water State Revolving Fund programs.
Truist Securities holds this financial services contract with South Dakota Water and Natural Resources Board | State of South Dakota. Its other public contracts on record include work for Town of Needham and Town of Middleton.
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Contract details
- Contract type
- Financial Services
- Amount
- $186,585,000 par amount; 4.4641% true interest rate
- Document date
- September 24, 2026
- Vendor
- Truist Securities
- Source document
- Board of Water and Natural Resources Minutes 2026-09-24 (Minutes)
Truist Securities's other public contracts
More South Dakota Water and Natural Resources Board | State of South Dakota contracts
Questions about this contract
Who was awarded the financial services contract by South Dakota Water and Natural Resources Board | State of South Dakota?
Truist Securities was awarded this financial services contract by South Dakota Water and Natural Resources Board | State of South Dakota, as recorded on September 24, 2026. The contract value is $186,585,000 par amount; 4.4641% true interest rate.
How much is the Truist Securities contract with South Dakota Water and Natural Resources Board | State of South Dakota worth?
The Truist Securities contract with South Dakota Water and Natural Resources Board | State of South Dakota is valued at $186,585,000 par amount; 4.4641% true interest rate, 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 Board of Water and Natural Resources Minutes 2026-09-24 (Minutes), dated September 24, 2026 from South Dakota Water and Natural Resources Board | State of South Dakota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Securities hold?
Truist Securities 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 South Dakota Water and Natural Resources Board | State of South Dakota currently buying?
Explore South Dakota Water and Natural Resources Board | State of South Dakota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.