FINANCIAL_SERVICESAPPROVED

Kern Medical Center Awards Financial Services Contract to Afco Direct Capital Finance (July 2026)

The Board approved the renewal of multiple insurance coverages effective July 1, 2026 and authorized the Chief Executive Officer to execute a Premium Finance Agreement–Promissory Note with AFCO Direct Capital Finance to finance selected premiums. The total insurance program cost is capped at $2,492,680.

Status
APPROVED
Document date
July 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Afco Direct Capital Finance
Agency
Kern Medical Center · CA

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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
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
Part of total insurance premiums up to $2,492,680 (finance amount not broken out)
Contract type
FINANCIAL_SERVICES
Contract term
Effective July 1, 2026; specific finance term not stated
Renewal
Premium finance agreement 090-2026 supports July 1, 2026 insurance renewals; finance duration is not specified in the minutes.
Document type
Agenda
Source document
Kern County Hospital Authority Board of Governors Agenda 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Kern Medical Center?

Afco Direct Capital Finance was awarded this financial services contract by Kern Medical Center, as recorded on July 15, 2026. The contract value is Part of total insurance premiums up to $2,492,680 (finance amount not broken out).

How much is the Afco Direct Capital Finance contract with Kern Medical Center worth?

The Afco Direct Capital Finance contract with Kern Medical Center is valued at Part of total insurance premiums up to $2,492,680 (finance amount not broken out), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Kern County Hospital Authority Board of Governors Agenda 2026-07-15 (Agenda), dated July 15, 2026 from Kern Medical Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Afco Direct Capital Finance hold?

Afco Direct Capital 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.

View Afco Direct Capital Finance's profile

What is Kern Medical Center currently buying?

Explore Kern Medical Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Kern Medical Center's profile

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