CONTRACTAPPROVED

City of Concord city Awards Financial Services Contract to Flagstar Public Funding Corp (September 2026)

City of Concord city
Disclosed value
$10,200,000; interest rate of 3.9850%
From agenda
Approved
Sep 10, 2026
Term
10 years
Renews
Free account

The 30-second brief

What it covers

Concord approved a $10.2 million installment financing contract with Flagstar Public Funding Corp. The financing carries a 3.9850% interest rate for 10 years and will support a new Communications and Emergency Management Operations facility.

Who holds it

Flagstar Public Funding Corp holds this financial services contract with City of Concord city. Its other public contracts on record include work for Victor Valley Wastewater Reclamation Authority and North Carolina Department of State Treasurer | State of North Carolina.

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Contract details

Contract type
Financial Services
Amount
$10,200,000; interest rate of 3.9850%
Document date
September 10, 2026
Term
10 years
Renews
On record
Source document
City of Concord Agenda September 10, 2026 (Agenda)

Flagstar Public Funding Corp's other public contracts

More City of Concord city contracts

Questions about this contract

Who was awarded the financial services contract by City of Concord city?

Flagstar Public Funding Corp was awarded this financial services contract by City of Concord city, as recorded on September 10, 2026. The contract value is $10,200,000; interest rate of 3.9850%.

How much is the Flagstar Public Funding Corp contract with City of Concord city worth?

The Flagstar Public Funding Corp contract with City of Concord city is valued at $10,200,000; interest rate of 3.9850%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Concord Agenda September 10, 2026 (Agenda), dated September 10, 2026 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Flagstar Public Funding Corp hold?

Flagstar Public Funding Corp 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 Concord city currently buying?

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

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