FNA California to Purchase Delinquent PACE Assessments

Scope & details

The full contract record, as filed.

Contract amount

Purchase Price equal to delinquent PACE assessments principal plus 7.5% premium (approximate fee $15,835.70 based on current delinquencies)

Contract type

FINANCIAL_SERVICES

Contract term

August 17, 2026 – June 30, 2027 (assessment year 2025-2026; agreement effectiveness through final billing date)

Renewal date

2027-06-30

Renewal

Agreement covers 2025-2026 Tax Year receivables and associated prior-year delinquencies; future delinquency sales would require separate agreements, though FNA is granted an exclusive right of first refusal for such purchases under the document.

Document type

AgendaPacket

Source document

San Bernardino County Transportation Authority Agenda Packet 2026-06-10

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San Bernardino County Transportation Authority Agenda 2026-07-01

PENDING

San Bernardino County Transportation Authority, CaliforniaJul 1, 2026

San Bernardino County Transportation Authority Agenda Packet 2026-06-10

DISCUSSED

San Bernardino County Transportation Authority, CaliforniaPurchase of delinquent assessment receivables; fee equal to 7.5% of delinquent assessments (about $15,835.70 at current levels)Jun 10, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Bernardino County Transportation Authority?

Fna California Llc was awarded this financial services contract by San Bernardino County Transportation Authority, as recorded on June 10, 2026. The contract value is Purchase Price equal to delinquent PACE assessments principal plus 7.5% premium (approximate fee $15,835.70 based on current delinquencies).

How much is the Fna California Llc contract with San Bernardino County Transportation Authority worth?

The Fna California Llc contract with San Bernardino County Transportation Authority is valued at Purchase Price equal to delinquent PACE assessments principal plus 7.5% premium (approximate fee $15,835.70 based on current delinquencies), 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 San Bernardino County Transportation Authority Agenda Packet 2026-06-10 (AgendaPacket), dated June 10, 2026 from San Bernardino County Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fna California Llc hold?

Fna California Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is San Bernardino County Transportation Authority currently buying?

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