CONTRACTAPPROVED

City of Mauldin Awards Financial Services Contract to Southstate Bank (August 2026)

City of Mauldin logoCity of Mauldin
Disclosed value
Not to exceed $3,005,000 (total purchase price not to exceed $2,963,000)
From agendapacket
Approved
Aug 3, 2026

The 30-second brief

What it covers

The City of Mauldin Council is set to approve a Series 2026 lease/purchase agreement with SouthState Bank for up to $3,005,000 to finance FY2027 vehicles and equipment, including police, fire, sanitation, and park lighting assets. The debt will be structured in 5-, 7-, and 10-year tranches and repaid through the Debt Service Fund, with annual payments subject to appropriation.

Who holds it

Southstate Bank holds this financial services contract with City of Mauldin. Its other public contracts on record include work for Travis County Water Control And Improvement District 18 and Travis County.

What happens next

Term as filed: 5-year, 7-year, and 10-year tranches beginning around August 4, 2026.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $3,005,000 (total purchase price not to exceed $2,963,000)
Document date
August 3, 2026
Term
5-year, 7-year, and 10-year tranches beginning around August 4, 2026
Source document
City of Mauldin AgendaPacket Special Called City Council Meeting 2026-08-03 (AgendaPacket)

Southstate Bank's other public contracts

More City of Mauldin contracts

Questions about this contract

Who was awarded the financial services contract by City of Mauldin?

Southstate Bank was awarded this financial services contract by City of Mauldin, as recorded on August 3, 2026. The contract value is Not to exceed $3,005,000 (total purchase price not to exceed $2,963,000).

How much is the Southstate Bank contract with City of Mauldin worth?

The Southstate Bank contract with City of Mauldin is valued at Not to exceed $3,005,000 (total purchase price not to exceed $2,963,000), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Mauldin AgendaPacket Special Called City Council Meeting 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Mauldin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Southstate Bank hold?

Southstate 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.

What is City of Mauldin currently buying?

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

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