CONTRACTAPPROVED

Town of Richards Awards $548,011 Lease Purchase Contract to Wells Fargo Equipment Finance (May 2022)

Town of Richards logoTown of Richards
Disclosed value
$548,011
From meeting minutes
Approved
May 24, 2022
Term
7 years

The 30-second brief

What it covers

The city of Richmond has approved a personal property lease purchase transaction with Wells Fargo Equipment Finance, INC. in the amount of $548,011 for a fire department pumper truck. The lease term is for seven years, with annual payments estimated at $87,000.

Who holds it

Wells Fargo Equipment Finance holds this lease purchase contract with Town of Richards. Its other public contracts on record include work for Town of Tofield and Deer Park School District.

What happens next

Term as filed: 7 years.

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Contract details

Contract type
Lease Purchase
Amount
$548,011
Document date
May 24, 2022
Term
7 years
Source document
town-of-richards-meeting-minutes-2022-05-24_61c.pdf (Meeting Minutes)

Wells Fargo Equipment Finance's other public contracts

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Questions about this contract

Who was awarded the lease purchase contract by Town of Richards?

Wells Fargo Equipment Finance was awarded this lease purchase contract by Town of Richards, as recorded on May 24, 2022. The contract value is $548,011.

How much is the Wells Fargo Equipment Finance contract with Town of Richards worth?

The Wells Fargo Equipment Finance contract with Town of Richards is valued at $548,011, covering lease purchase work.

What type of contract is this?

This is a Lease Purchase contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-richards-meeting-minutes-2022-05-24_61c.pdf (Meeting Minutes), dated May 24, 2022 from Town of Richards. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wells Fargo Equipment Finance hold?

Wells Fargo Equipment Finance 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 Town of Richards currently buying?

Explore Town of Richards's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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