FINANCIAL_SERVICESAPPROVED

City of Avalon Awards Financial Services Contract to CIMC (August 2026)

Avalon is advancing roughly $654,753.60 under a Medicaid Intergovernmental Transfer to support Catalina Island Medical Center. The hospital will benefit from increased reimbursements over an 18‑month period ending April 30, 2027.

Status
APPROVED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
CIMC
Agency
City of Avalon · 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
Approximately $654,753.60 in program-related payments and fees
Contract type
FINANCIAL_SERVICES
Contract term
Program participation and reimbursement period through April 30, 2027 (18 months from April 30, 2026)
Renewal date
2027-04-30
Renewal
Tied to a single 18‑month IGT cycle ending April 30, 2027; future cycles would need fresh Council approval.
Document type
AgendaPacket
Source document
City of Avalon Agenda Packet 2026-08-04

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Avalon?

CIMC was awarded this financial services contract by City of Avalon, as recorded on August 3, 2026. The contract value is Approximately $654,753.60 in program-related payments and fees.

How much is the CIMC contract with City of Avalon worth?

The CIMC contract with City of Avalon is valued at Approximately $654,753.60 in program-related payments and fees, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Avalon Agenda Packet 2026-08-04 (AgendaPacket), dated August 3, 2026 from City of Avalon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CIMC hold?

CIMC 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 CIMC's profile

What is City of Avalon currently buying?

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

View City of Avalon's profile

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