Civic IQ
CONTRACTREJECTED
Get alerts

PeoplesSouth Bank Proposal Not Chosen for Loan

City of Chipley logoCity of Chipley
Disclosed value
Quote: $74,719.90 at 5.75% interest, 7 annual payments
From agenda
Document date
Dec 9, 2025
Term
Quoted term: 7 annual payments

The 30-second brief

What it covers

PeoplesSouth Bank offered Chipley a $74,719.90 equipment loan quote at 5.75% interest over seven annual payments for a Vermeer Vacuum Excavator. The proposal was not chosen, with the City selecting a lower-interest loan from Capital City Bank instead.

Who holds it

Peoplessouth Bank holds this financial services contract with City of Chipley. Its other public contracts on record include work for Miller County School District and Franklin County.

What happens next

Term as filed: Quoted term: 7 annual payments.

See who signed off on this contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Quote: $74,719.90 at 5.75% interest, 7 annual payments
Document date
December 9, 2025
Term
Quoted term: 7 annual payments
Vendor
Peoplessouth Bank
Agency
City of Chipley
Source document
city_council_meeting_agenda_december_2025.pdf (Agenda)

Peoplessouth Bank's other public contracts

Miller County School District, GeorgiaBoard Approves Money Market Account at PeoplesSouth Bank · Feb 2, 2026UndisclosedFranklin County, FloridaPeoplesSouth Bank Selected for County Equipment Financing · Jan 7, 2026UndisclosedCity of Chattahoochee, FloridaLoan Extension with PeoplesSouth Bank Considered · Jan 6, 2026UndisclosedCity of Chattahoochee, FloridaCity Approves PeoplesSouth Bank Loan Extension · Jan 6, 2026UndisclosedCity of Chattahoochee, Florida$2.7M Hurricane Recovery Note Approved With PeoplesSouth Bank · Jan 6, 2026$2.7MAll Peoplessouth Bank contractsVendor profile

More City of Chipley contracts

Liberty Partners of Tallahassee LLCChipley Renews Consulting Contract with Liberty Partners · Oct 12, 2026UndisclosedState of Florida Department of Environmental ProtectionChipley Extends Environmental Protection Agreement Planning · Oct 12, 2026Liberty Partners of Tallahassee LLCChipley Renews Liberty Partners Consulting Contract · Oct 12, 2026UndisclosedTalcon Group LLCWastewater Improvements Bid Award Pending for Talcon Group · Oct 12, 2026UndisclosedGcuc LLCChipley Reduces Peach Street Lift Station Contract · Oct 12, 2026All City of Chipley activityAgency profile

Questions about this contract

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

Peoplessouth Bank was awarded this financial services contract by City of Chipley, as recorded on December 9, 2025. The contract value is Quote: $74,719.90 at 5.75% interest, 7 annual payments.

How much is the Peoplessouth Bank contract with City of Chipley worth?

The Peoplessouth Bank contract with City of Chipley is valued at Quote: $74,719.90 at 5.75% interest, 7 annual payments, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city_council_meeting_agenda_december_2025.pdf (Agenda), dated December 9, 2025 from City of Chipley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Peoplessouth Bank hold?

Peoplessouth Bank 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 Chipley currently buying?

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

Work in government? Get Civic IQ free →
More City of Chipley contracts →Browse all agencies in Florida →