CONTRACTRECOMMENDED

Caterpillar Backhoe Lease-Purchase Recommended for Approval

Disclosed value: $26,975.28 per year; $161,851.68 total over 5 years; From report
Document date: Sep 24, 2025
Term: 5 years (lease-purchase)
Renews: Mar 2027; Free account

What it covers

Vineyard City staff recommended approval of a 5-year lease-purchase agreement with Caterpillar Financial for a new 2025 Caterpillar backhoe. The deal includes annual payments of $26,975.28, an extended warranty, local service support, and ends with full equipment ownership. Approval is by Resolution 2025-48.

Who holds it

Caterpillar Financial holds this equipment contract with Town of Vineyard. Its other public contracts on record include work for Town of Putney and Taos County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Vineyard contract.

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Contract details

Contract type: Equipment
Amount: $26,975.28 per year; $161,851.68 total over 5 years
Document date: September 24, 2025
Term: 5 years (lease-purchase)
Renews: Free account
Vendor: Caterpillar Financial
Agency: Town of Vineyard
Source document: town-of-vineyard-city-council-staff-report-september-24-2025_298.pdf (Report)

Caterpillar Financial's other public contracts

Town of Putney, VermontPutney Approves Caterpillar Excavator Lease Payment · Oct 14, 2026$18.3K Town of Putney, VermontPutney Approves Excavator Lease Payment to Caterpillar Financial · Sep 30, 2026$18.3K Taos County, New MexicoCounty Approves Caterpillar Financial Grader Lease · Sep 14, 2026$2.2M Taos County, New MexicoGrader Lease Approved with Caterpillar Financial · Sep 14, 2026$2.2M City of Rock Springs, WyomingCaterpillar Financial Equipment Lease Payment · Aug 18, 2026$34.2K All Caterpillar Financial contractsVendor profile

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Questions about this contract

Who was awarded the equipment contract by Town of Vineyard?

Caterpillar Financial was awarded this equipment contract by Town of Vineyard, as recorded on September 24, 2025. The contract value is $26,975.28 per year; $161,851.68 total over 5 years.

How much is the Caterpillar Financial contract with Town of Vineyard worth?

The Caterpillar Financial contract with Town of Vineyard is valued at $26,975.28 per year; $161,851.68 total over 5 years, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a report record.

Where was this contract approved?

This contract appears in town-of-vineyard-city-council-staff-report-september-24-2025_298.pdf (Report), dated September 24, 2025 from Town of Vineyard. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Caterpillar Financial hold?

Caterpillar Financial 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 Vineyard currently buying?

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

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