CONTRACTAPPROVED

Town of Fuquay-Varina Awards $2,276,000 Installment Purchase Agreement Contract to First National Bank (March 2025)

Disclosed value: $2,276,000; From meeting minutes
Approved: Mar 24, 2025
Term: 3.5 years

What it covers

First National Bank awarded the installment purchase agreement for the purchase of fire engines, with a total borrowing amount of $2,276,000 over 3.5 years at 4.25% interest.

Who holds it

First National Bank holds this installment purchase agreement contract with Town of Fuquay-Varina. Its other public contracts on record include work for Kalamazoo Library District and City of Miami.

What happens next

Term as filed: 3.5 years.

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Contract details

Contract type: Installment Purchase Agreement
Amount: $2,276,000
Document date: March 24, 2025
Term: 3.5 years
Vendor: First National Bank
Agency: Town of Fuquay-Varina
Source document: town-of-fuquay-varina-townmeeting-minutes2025-03-24_c78.pdf (Meeting Minutes)

First National Bank's other public contracts

Kalamazoo Library District, MichiganLibrary Maintains Investment Accounts With First National · Oct 23, 2026Undisclosed City of Miami, OklahomaCity Presents First National Bank Charges · Oct 20, 2026$17K City of Miami, OklahomaMSUA Approves First National Mortgage Payment · Oct 20, 2026$1.2K City of Keiser, ArkansasKeiser Discusses First National Bank Banking Proposal · Oct 19, 2026Undisclosed Pender Public Schools, NebraskaPender Approves First National Bank Payment · Oct 19, 2026$7.2K All First National Bank contractsVendor profile

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Questions about this contract

Who was awarded the installment purchase agreement contract by Town of Fuquay-Varina?

First National Bank was awarded this installment purchase agreement contract by Town of Fuquay-Varina, as recorded on March 24, 2025. The contract value is $2,276,000.

How much is the First National Bank contract with Town of Fuquay-Varina worth?

The First National Bank contract with Town of Fuquay-Varina is valued at $2,276,000, covering installment purchase agreement work.

What type of contract is this?

This is a Installment Purchase Agreement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-fuquay-varina-townmeeting-minutes2025-03-24_c78.pdf (Meeting Minutes), dated March 24, 2025 from Town of Fuquay-Varina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank hold?

First National 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 Town of Fuquay-Varina currently buying?

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

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