FINANCIAL_SERVICESAPPROVED

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

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.

Status
APPROVED
Document date
April 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Cumberland Securities
Agency
City of Sevierville · TN

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $37,000,000
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
City of Sevierville Minutes Board of Mayor and Aldermen Meeting 2026-04-20

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

View Cumberland Securities's 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.

View City of Sevierville's profile

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