Borough of Jim Thorpe Awards Financial Services Contract to Caterpillar Finance (July 2026)

Jim Thorpe Borough Council approved a five-year financing arrangement with Caterpillar Finance for a mini excavator at an interest rate of 4.99%. The equipment cost was budgeted for 2026, with payments to begin next year.

Document date · July 9, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

5 years

Renewal

Financing agreement runs for five years; renewal or buyout terms are not specified in the minutes.

Document type

Minutes

Source document

Jim Thorpe Borough Council Minutes 2026-07-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Borough of Jim Thorpe?

Caterpillar Finance was awarded this financial services contract by Borough of Jim Thorpe, as recorded on July 9, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Jim Thorpe Borough Council Minutes 2026-07-09 (Minutes), dated July 9, 2026 from Borough of Jim Thorpe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Caterpillar Finance hold?

Caterpillar Finance 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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