FINANCIAL_SERVICESAPPROVED

City of Americus Awards Financial Services Contract to Georgia Municipal Association (August 2026)

The City of Americus will enter into a GMA Direct Installment capital lease with the Georgia Municipal Association to finance a 2026 Maverick and two 2026 Ford Rangers for code enforcement and Public Works. The $111,560 lease carries 4.55% interest over five years, with annual payments of $25,447.85.

Document date · August 20, 2026

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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
$111,560 (principal), total payments $127,239.27 over 5 years at 4.55% interest
Contract type
FINANCIAL_SERVICES
Contract term
5-year capital lease, starting 2026 with annual payments; Ending Term concludes after fifth payment
Renewal date
2030-12-31
Renewal
Lease renews annually through non-appropriation-based renewal terms until final payment is made; no automatic renewal beyond the five-year schedule.
Document type
AgendaPacket
Source document
City of Americus City Council Meeting Agenda Packet 2026-08-20

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Georgia Municipal Association was awarded this financial services contract by City of Americus, as recorded on August 20, 2026. The contract value is $111,560 (principal), total payments $127,239.27 over 5 years at 4.55% interest.

How much is the Georgia Municipal Association contract with City of Americus worth?

The Georgia Municipal Association contract with City of Americus is valued at $111,560 (principal), total payments $127,239.27 over 5 years at 4.55% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Americus City Council Meeting Agenda Packet 2026-08-20 (AgendaPacket), dated August 20, 2026 from City of Americus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Georgia Municipal Association hold?

Georgia Municipal Association 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 Georgia Municipal Association's profile

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