Anderson Approves Conditional Caterpillar Equipment Financing
City of AndersonCity · AK- Disclosed value
- $345,823.00; seven annual payments of $56,903.67 and a final purchase payment of $2.00; fixed interest rate of 4.99%
- From agendapacket
- Document date
- Oct 11, 2026
- Term
- Seven annual payments
- Renews
- Free account
The 30-second brief
The City of Anderson conditionally approved governmental lease financing from Caterpillar Financial Services Corporation for the loader and generator purchase. The proposed financing totals $345,823 at 4.99 percent, payable over seven annual installments plus a $2 purchase payment.
Caterpillar Financial Services Corporation holds this financial services contract with City of Anderson. Its other public contracts on record include work for Town of Bass Lake and City of Falls.
The renewal date is on record. A free account shows it, with the renewals for every City of Anderson contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $345,823.00; seven annual payments of $56,903.67 and a final purchase payment of $2.00; fixed interest rate of 4.99%
- Document date
- October 11, 2026
- Term
- Seven annual payments
- Renews
- Free account
- Agency
- City of Anderson
- Source document
- City of Anderson AgendaPacket Special Council Meeting 2026-10-13 (AgendaPacket)
Caterpillar Financial Services Corporation's other public contracts
More City of Anderson contracts
Questions about this contract
Who was awarded the financial services contract by City of Anderson?
Caterpillar Financial Services Corporation was awarded this financial services contract by City of Anderson, as recorded on October 11, 2026. The contract value is $345,823.00; seven annual payments of $56,903.67 and a final purchase payment of $2.00; fixed interest rate of 4.99%.
How much is the Caterpillar Financial Services Corporation contract with City of Anderson worth?
The Caterpillar Financial Services Corporation contract with City of Anderson is valued at $345,823.00; seven annual payments of $56,903.67 and a final purchase payment of $2.00; fixed interest rate of 4.99%, 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 Anderson AgendaPacket Special Council Meeting 2026-10-13 (AgendaPacket), dated October 11, 2026 from City of Anderson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Caterpillar Financial Services Corporation hold?
Caterpillar Financial Services Corporation 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 City of Anderson currently buying?
Explore City of Anderson's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.