CONTRACTREJECTED

Guaranty Bank Not Selected For Police Vehicle Lease

City of Beloit
Document date
May 15, 2024
Term
3-year lease proposal

The 30-second brief

What it covers

Guaranty Bank submitted a three-year lease proposal at 5.789% APR for financing police vehicles but was not chosen. The City instead plans to proceed with a lower-rate offer from Solomon Valley Bank.

Who holds it

Guaranty Bank holds this financial services contract with City of Beloit. Its other public contracts on record include work for Hallsville ISD and City of Mount Pleasant.

What happens next

Term as filed: 3-year lease proposal.

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Contract details

Contract type
Financial Services
Document date
May 15, 2024
Term
3-year lease proposal
Source document
Beloit City Council Agenda May 2024 (Agenda)

Guaranty Bank's other public contracts

More City of Beloit contracts

Questions about this contract

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

Guaranty Bank was awarded this financial services contract by City of Beloit, as recorded on May 15, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Beloit City Council Agenda May 2024 (Agenda), dated May 15, 2024 from City of Beloit. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Guaranty Bank hold?

Guaranty 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.

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What is City of Beloit currently buying?

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

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