FY27 Misc Debit

State & local contract award Virginia Awarded

Contract number
PO05416001
Awardee
Truist Bank
Contracting organization
Department of Treasury
Cumulative value
$1,100,000

About this award

The Department of Treasury of the Commonwealth of Virginia awarded a contract to Truist Bank on July 22, 2026, under purchase order PO05416001. The contract carries a cumulative value of $1.1 million and involves the delivery of miscellaneous debit services for Fiscal Year 2027. The single line item is valued at $1.1 million and is designated for delivery to Raymonde Charles.

The contract represents a financial services arrangement wherein Truist Bank will provide debit-related services to the Commonwealth of Virginia through the Department of Treasury. As a statewide award, the contract does not specify a particular county or localized performance location. The award was executed on July 22, 2026, with deliverables scheduled for Fiscal Year 2027. No specific contract end date or extended performance period is documented in the available materials.

Line items

Item Total
FY27 Misc Debit 1 Each × $1,100,000.00 $1,100,000.00

Award details come from logi.cgieva.com. Updated .

Quick answers

Who was awarded contract PO05416001?

Contract PO05416001 was awarded to Truist Bank by Department of Treasury in Virginia on July 22, 2026.

How much is contract PO05416001 worth?

Its cumulative value is $1,100,000.

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