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BPW Democrats: Retroactive pandemic contracts make mockery of procurement rules
Two members of the state Board of Public Works — both Democrats — expressed growing frustration with state agencies seeking retroactive approval for millions in pandemic-related spending that only now is coming to the panel for approval. The ire bubbled up early in Wednesday’s meeting even as the three-member panel ultimately approved — over Comptroller Peter […]
Kopp hints at Md.’s possible split with Wells Fargo
State Treasurer Nancy K. Kopp Wednesday said a number of state agencies have accounts with Wells Fargo which they will be allowed to keep at least in the near term.
Franchot lays down one of his swords
Never say Comptroller Peter V.R. Franchot doesn't know when he's beaten.
Md. treasurer wants state to examine impact of Purple Line costs
ANNAPOLIS — Maryland’s treasurer Wednesday called on the legislature and the governor to examine how large-public private partnership projects could affect state finances and its coveted bond rating. Treasurer Nancy K. Kopp made her comments during a Board of Public Works meeting during which the state auctioned off about $1 billion in bonds. The auction […]
Franchot, Kopp join call for corporate board diversity
Two Maryland officials are joining the call for more diversity on corporate boards of directors and are hoping to use the state’s pension system as leverage to get it. Comptroller Peter V.R. Franchot and Treasurer Nancy K. Kopp joined a dozen other state and local comptrollers, treasurers and controllers calling for more racial, gender and […]
Franchot promises to hammer home more messages to Baltimore County executive
Comptroller Peter V.R. Franchot vowed to send more messages on providing air conditioning in classrooms to Baltimore County Executive Kevin Kamenetz and said he expects fallout from a decision Wednesday to fence off $15 million in school construction money.
Hogan, Franchot hold back school construction funds
ANNAPOLIS — A divided Board of Public Works Wednesday voted to withhold $15 million in state school construction and renovation aid from Baltimore County and Baltimore City. The vote by Gov. Larry Hogan and Comptroller Peter V.R. Franchot over the objections of Treasurer Nancy K. Kopp was driven by continuing frustrations over lack of air […]
Hogan, Franchot express frustration with head of Md. school construction
ANNAPOLIS — Maryland’s governor and comptroller say they are growing increasingly frustrated with the lack of data and reports for maintenance of state-supported school construction projects. David Lever, executive director of the state’s Interagency Committee on School Construction, faced nearly 30 minutes of questions — about half of the Wednesday meeting of the Board of [&hellip[...]
3 major agencies give Maryland bonds top ratings
ANNAPOLIS — The State Treasurer says the three major national bond rating agencies have given Maryland bonds top ratings. Nancy K. Kopp said in a news release on Tuesday that Standard and Poor’s and Fitch Ratings gave the bonds AAA, highest possible rating. Moody’s Investors Service gave the bonds its highest possible rating, Aaa. All […]
Board of Public Works reschedules meeting
Among the items what will be decided are a plan to spend $20 million transferred from the state's rainy day fund on expenses related to the riot and state of emergency in Baltimore following the funeral of Freddie Gray, who died while in the custody of Baltimore City police
Maryland General Assembly re-elects Nancy Kopp treasurer
The Maryland General Assembly has re-elected Treasurer Nancy Kopp.
Bobby Neall’s hidden talent revealed
Kopp encouraged Neall to use his talent to make friends in his new position on the Board of Regents.
