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Surety Bond Arrangement Recommended for PFMS Project

State College Area SD logoState College Area SD
Disclosed value
Estimated not to exceed $250,000 for the surety bond
From staffreport
Document date
Oct 21, 2026

The 30-second brief

What it covers

State College Area School District staff recommended conditional approval of a surety bond arrangement with First National Bank of Pennsylvania for the Park Forest Middle School project. The bond is estimated not to exceed $250,000 and remains subject to further negotiations.

Who holds it

First National Bank of Pennsylvania holds this insurance contract with State College Area SD. Its other public contracts on record include work for City of Solon and Town of Blowing Rock town.

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Contract details

Contract type
Insurance
Amount
Estimated not to exceed $250,000 for the surety bond
Document date
October 21, 2026
Vendor
First National Bank of Pennsylvania
Agency
State College Area SD
Source document
State College Area School District StaffReport Surety Requirements - PFMS Project 2026-10-21 (StaffReport)

First National Bank of Pennsylvania's other public contracts

City of Solon, OhioFirst National Bank Holds Hawthorne Stormwater Security · Nov 7, 2026$100KCity of Solon, OhioFirst National Bank Holds Hawthorne Stormwater Security · Oct 27, 2026$100KState College Area SD, PennsylvaniaEscrow Agreement Recommended with First National Bank · Oct 21, 2026UndisclosedState College Area SD, PennsylvaniaPark Forest Surety Arrangement Pursued With First National Bank · Oct 21, 2026Town of Blowing Rock town, North CarolinaBlowing Rock Seeks $535,000 Property Loan From First National · Oct 12, 2026All First National Bank of Pennsylvania contractsVendor profile

More State College Area SD contracts

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Questions about this contract

Who was awarded the insurance contract by State College Area SD?

First National Bank of Pennsylvania was awarded this insurance contract by State College Area SD, as recorded on October 21, 2026. The contract value is Estimated not to exceed $250,000 for the surety bond.

How much is the First National Bank of Pennsylvania contract with State College Area SD worth?

The First National Bank of Pennsylvania contract with State College Area SD is valued at Estimated not to exceed $250,000 for the surety bond, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in State College Area School District StaffReport Surety Requirements - PFMS Project 2026-10-21 (StaffReport), dated October 21, 2026 from State College Area SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank of Pennsylvania hold?

First National Bank of Pennsylvania 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 State College Area SD currently buying?

Explore State College Area SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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