City of Glens Falls Awards Financial Services Contract to Ford Credit Municipal Finance (June 2019)
City of Glens FallsCity · Glens Falls, NY- Disclosed value
- $59,118.15 financed (plus $575 underwriting fee)
- From minutes
- Approved
- Jun 11, 2019
The 30-second brief
Glens Falls approved financing through Ford Credit Municipal Finance for the five-year lease-purchase of a 2020 Ford F-350 dump truck totaling $59,118.15 plus a $575 underwriting fee. The agreement carries a 6.5% interest rate with annual payments made in advance and a $1 ownership buyout at term end.
Ford Credit Municipal Finance holds this financial services contract with City of Glens Falls. Its other public contracts on record include work for City of Somerton and City of Vergennes.
Term as filed: 5 years, annual payments of $11,823.63 in advance.
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Contract details
- Contract type
- Financial Services
- Amount
- $59,118.15 financed (plus $575 underwriting fee)
- Document date
- June 11, 2019
- Term
- 5 years, annual payments of $11,823.63 in advance
- Agency
- City of Glens Falls
- Source document
- Glens Falls Common Council Meeting Minutes June 11, 2019 (Minutes)
Ford Credit Municipal Finance's other public contracts
More City of Glens Falls contracts
Questions about this contract
Who was awarded the financial services contract by City of Glens Falls?
Ford Credit Municipal Finance was awarded this financial services contract by City of Glens Falls, as recorded on June 11, 2019. The contract value is $59,118.15 financed (plus $575 underwriting fee).
How much is the Ford Credit Municipal Finance contract with City of Glens Falls worth?
The Ford Credit Municipal Finance contract with City of Glens Falls is valued at $59,118.15 financed (plus $575 underwriting fee), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Glens Falls Common Council Meeting Minutes June 11, 2019 (Minutes), dated June 11, 2019 from City of Glens Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ford Credit Municipal Finance hold?
Ford Credit Municipal Finance 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 Glens Falls currently buying?
Explore City of Glens Falls's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.