FINANCIAL_SERVICESAPPROVED

Pottsville Parking Authority Awards Financial Services Contract to CACL (August 2025)

The Pottsville Parking Authority approved rolling over two CDs totaling $492,642.74 with CACL for six months at a 4.40% APY. The action is expected to generate about $10,882.14 in interest income while maintaining funds with the existing depository institution.

Status
APPROVED
Document date
August 8, 2025
Contract type
FINANCIAL_SERVICES
Vendor
CACL
Agency
Pottsville Parking Authority · PA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$492,642.74 at 4.40% APY for six months (interest income $10,882.14)
Contract type
FINANCIAL_SERVICES
Contract term
Six-month CDs, rollover on Tuesday, August 12, 2025
Renewal date
2026-02-12
Renewal
Short-term six-month rollover of existing CDs at a 4.40% APY; future rollover or redemption decisions will be required at maturity.
Document type
Minutes
Source document
Pottsville Parking Authority Minutes Public Meeting 2025-08-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Pottsville Parking Authority?

CACL was awarded this financial services contract by Pottsville Parking Authority, as recorded on August 8, 2025. The contract value is $492,642.74 at 4.40% APY for six months (interest income $10,882.14).

How much is the CACL contract with Pottsville Parking Authority worth?

The CACL contract with Pottsville Parking Authority is valued at $492,642.74 at 4.40% APY for six months (interest income $10,882.14), 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 Pottsville Parking Authority Minutes Public Meeting 2025-08-08 (Minutes), dated August 8, 2025 from Pottsville Parking Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CACL hold?

CACL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View CACL's profile

What is Pottsville Parking Authority currently buying?

Explore Pottsville Parking Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Pottsville Parking Authority's profile

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