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City of Sevierville Awards Financial Services Contract to Cumberland Securities (April 2026)

City of Sevierville logoCity of Sevierville
Disclosed value
Not to exceed $37,000,000
From minutes
Approved
Apr 20, 2026

The 30-second brief

What it covers

The Board authorized borrowing up to $37,000,000 relating to the City's electric system, with Cumberland Securities acting as financial advisor and administrator for the loan program.

Who holds it

Cumberland Securities holds this financial services contract with City of Sevierville. Its other public contracts on record include work for City of Fairview and City of Athens.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $37,000,000
Document date
April 20, 2026
Vendor
Cumberland Securities
Agency
City of Sevierville
Source document
City of Sevierville Minutes Board of Mayor and Aldermen Meeting 2026-04-20 (Minutes)

Cumberland Securities's other public contracts

City of Fairview, TennesseeCity Discusses Debt With Cumberland Securities · Jul 23, 2026UndisclosedCity of Athens, TennesseeCity Ties Reimbursement Plan To Investment Advisor · Jul 13, 2026UndisclosedCity of Athens, TennesseeCouncil Reviews Reimbursement Resolution Cumberland Securities · Jul 13, 2026UndisclosedCity of Red Bank, TennesseeCumberland Securities Listed as Financial Advisor Partner · Apr 28, 2026UndisclosedCity of Spring Hill, TennesseeMunicipal Advisor Reviews Spring Hill Debt Capacity · Mar 18, 2026UndisclosedAll Cumberland Securities contractsVendor profile

More City of Sevierville contracts

CHARTERCharter Completing Utility Relocation for SR 416 Project · Sep 26, 2026UndisclosedCdm SmithSevierville Uses CDM Smith for Highway Design Work · Sep 26, 2026UndisclosedKma DesignBoard Adds $20,000 to KMA Design Authorization · Sep 21, 2026Kma DesignBoard Approves KMA Design Professional Services Contract · Sep 21, 2026Kma DesignBoard Considers Additional KMA Design Expenses · Sep 21, 2026All City of Sevierville activityAgency profile

Questions about this contract

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

Cumberland Securities was awarded this financial services contract by City of Sevierville, as recorded on April 20, 2026. The contract value is Not to exceed $37,000,000.

How much is the Cumberland Securities contract with City of Sevierville worth?

The Cumberland Securities contract with City of Sevierville is valued at Not to exceed $37,000,000, 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 City of Sevierville Minutes Board of Mayor and Aldermen Meeting 2026-04-20 (Minutes), dated April 20, 2026 from City of Sevierville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Securities hold?

Cumberland Securities 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 City of Sevierville currently buying?

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

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