FINANCIAL_SERVICESAPPROVED

City of Carlsbad Awards $1,972,457 Financial Services Contract to New Mexico Department of Transportation (September 2026)

The City of Carlsbad approved a FY 2027 memorandum of agreement with the New Mexico Department of Transportation for transit funding. The agreement provides $1,972,457.10 for administration, operating, and capital costs for the city’s municipal transit system.

Document date · September 8, 2026

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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
$1,972,457.10
Contract type
FINANCIAL_SERVICES
Contract term
October 1, 2026 – September 30, 2027
Renewal date
2027-09-30
Renewal
FY 2027 agreement for transit operations funding under federal formula programs; annual funding cycle. The agreement begins October 1, 2026 and covers eligible administration and operating expenses through September 30, 2027, with capital equipment and project funds eligible for later obligation deadlines.
Document type
AgendaPacket
Source document
City of Carlsbad AgendaPacket Regular Meeting September 8, 2026

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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 Carlsbad?

New Mexico Department of Transportation was awarded this financial services contract by City of Carlsbad, as recorded on September 8, 2026. The contract value is $1,972,457.10.

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

The New Mexico Department of Transportation contract with City of Carlsbad is valued at $1,972,457.10, 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 Carlsbad AgendaPacket Regular Meeting September 8, 2026 (AgendaPacket), dated September 8, 2026 from City of Carlsbad. 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 Carlsbad currently buying?

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