FINANCIAL_SERVICESAPPROVED

City of Hobbs Awards Financial Services Contract to New Mexico Department of Transportation (August 2026)

Hobbs authorized a two-year, $2,250,000.00 Rural Air Service Enhancement grant agreement with NMDOT to support JSX charter airline service, with a 10% local match shared by the City and Lea County. The grant will cover up to 90% of eligible regional air service subsidy costs.

Status
APPROVED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
New Mexico Department of Transportation
Agency
City of Hobbs · NM

Trusted by teams at

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
SafeTouch logo
IANS Research logo
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
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,250,000.00 (90% grant share with 10% local match)
Contract type
FINANCIAL_SERVICES
Contract term
Two years from execution for RASE program
Renewal
Grant runs for two years under RASE program; any continuation beyond the grant term would require new applications and agreements.
Document type
AgendaPacket
Source document
City of Hobbs AgendaPacket 2026-08-03

Related contracts

Other contracts from New Mexico Department of Transportation.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

New Mexico Department of Transportation was awarded this financial services contract by City of Hobbs, as recorded on August 3, 2026. The contract value is $2,250,000.00 (90% grant share with 10% local match).

How much is the New Mexico Department of Transportation contract with City of Hobbs worth?

The New Mexico Department of Transportation contract with City of Hobbs is valued at $2,250,000.00 (90% grant share with 10% local match), 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 City of Hobbs AgendaPacket 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Hobbs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Department of Transportation hold?

New Mexico Department of Transportation 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 New Mexico Department of Transportation's profile

What is City of Hobbs currently buying?

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

View City of Hobbs's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free