FINANCIAL_SERVICESDISCUSSED

RCB Bank Proposes Terms for Largest Hydrovac

To support potential purchase of a $94,383.60 Ditch Witch HX30A Hydrovac with 800-gallon debris and 400-gallon water tanks, RCB Bank detailed three financing structures over three, four, and five years. Council can weigh these terms if opting for the largest hydrovac model.

Status
DISCUSSED
Document date
August 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Rcb Bank
Agency
City of Douglass · KS

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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
Option 1: $34,878.12/year for 3 years at 5.12% ($7,634.97 in interest); Option 2: $26,949.72/year for 4 years at 5.36% ($10,689.02 in interest); Option 3: $22,247.37/year for 5 years at 5.59% ($14,021.99 in interest) on $94,383.60 purchase price
Contract type
FINANCIAL_SERVICES
Contract term
Option 1: 3 years; Option 2: 4 years; Option 3: 5 years
Document type
StaffReport
Source document
City of Douglass StaffReport Hydrovac Purchase Options 2026-08-12

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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 Douglass?

Rcb Bank was awarded this financial services contract by City of Douglass, as recorded on August 11, 2026. The contract value is Option 1: $34,878.12/year for 3 years at 5.12% ($7,634.97 in interest); Option 2: $26,949.72/year for 4 years at 5.36% ($10,689.02 in interest); Option 3: $22,247.37/year for 5 years at 5.59% ($14,021.99 in interest) on $94,383.60 purchase price.

How much is the Rcb Bank contract with City of Douglass worth?

The Rcb Bank contract with City of Douglass is valued at Option 1: $34,878.12/year for 3 years at 5.12% ($7,634.97 in interest); Option 2: $26,949.72/year for 4 years at 5.36% ($10,689.02 in interest); Option 3: $22,247.37/year for 5 years at 5.59% ($14,021.99 in interest) on $94,383.60 purchase price, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Douglass StaffReport Hydrovac Purchase Options 2026-08-12 (StaffReport), dated August 11, 2026 from City of Douglass. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rcb Bank hold?

Rcb 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.

View Rcb Bank's profile

What is City of Douglass currently buying?

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

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