City of Lake Wales Awards Financial Services Contract to BANCORP (August 2026)
City of Lake WalesCity · Lake Wales, FL- Disclosed value
- $81,259.80 total lease obligation; $16,251.96 per year for 5 years
- From minutes
- Approved
- Aug 18, 2026
- Term
- 60-month lease-purchase term
The 30-second brief
Lake Wales officials approved financing a new 2026 Chevrolet police vehicle through the Bancorp Master Lease Agreement, committing to $81,259.80 in lease payments over 60 months. The structure includes annual payments of $16,251.96 and a non-appropriation clause for fiscal flexibility.
BANCORP holds this financial services contract with City of Lake Wales. Its other public contracts on record include work for Greater Naples Fire Rescue District and Town of Alpine.
Term as filed: 60-month lease-purchase term.
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Contract details
- Contract type
- Financial Services
- Amount
- $81,259.80 total lease obligation; $16,251.96 per year for 5 years
- Document date
- August 18, 2026
- Term
- 60-month lease-purchase term
- Vendor
- BANCORP
- Agency
- City of Lake Wales
- Source document
- City of Lake Wales City Commission Meeting Minutes 2026-08-18 (Minutes)
BANCORP's other public contracts
More City of Lake Wales contracts
Questions about this contract
Who was awarded the financial services contract by City of Lake Wales?
BANCORP was awarded this financial services contract by City of Lake Wales, as recorded on August 18, 2026. The contract value is $81,259.80 total lease obligation; $16,251.96 per year for 5 years.
How much is the BANCORP contract with City of Lake Wales worth?
The BANCORP contract with City of Lake Wales is valued at $81,259.80 total lease obligation; $16,251.96 per year for 5 years, 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 City of Lake Wales City Commission Meeting Minutes 2026-08-18 (Minutes), dated August 18, 2026 from City of Lake Wales. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BANCORP hold?
BANCORP 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 Lake Wales currently buying?
Explore City of Lake Wales's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.