FINANCIAL_SERVICESAWARDED

City of Lenoir Awards $1,180,000 Financial Services Contract to Blue Ridge Energy (August 2026)

Through a USDA Rural Economic Development Loan Program, Blue Ridge Energy will provide the City of Lenoir a $1,180,000, seven-year, 0% interest loan to finance the purchase of a new Pierce 107’ Ascendant HD ladder fire truck. The loan supplements budgeted City funding for the apparatus.

Status
AWARDED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Blue Ridge Energy
Agency
City of Lenoir · NC

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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
$1,180,000
Contract type
FINANCIAL_SERVICES
Contract term
7-year term at 0% interest
Renewal date
2033-03-31
Renewal
Seven-year 0% interest loan facility for fire truck purchase; no renewal or extension options mentioned.
Document type
AgendaPacket
Source document
City of Lenoir Committee of the Whole Meeting Agenda Packet 2026-08-25

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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 Lenoir?

Blue Ridge Energy was awarded this financial services contract by City of Lenoir, as recorded on August 25, 2026. The contract value is $1,180,000.

How much is the Blue Ridge Energy contract with City of Lenoir worth?

The Blue Ridge Energy contract with City of Lenoir is valued at $1,180,000, 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 Lenoir Committee of the Whole Meeting Agenda Packet 2026-08-25 (AgendaPacket), dated August 25, 2026 from City of Lenoir. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blue Ridge Energy hold?

Blue Ridge Energy 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 Blue Ridge Energy's profile

What is City of Lenoir currently buying?

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

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