Equipment Financing Award Considered For City Fleet
City of Mineral WellsCity · Mineral Wells, TX- Disclosed value
- Aggregate principal amount not to exceed $1,407,758: $554,598 for seven years and $853,160 for five years
- From agenda
- Document date
- Nov 14, 2026
The 30-second brief
Mineral Wells City Council will consider awarding RFP 2026-009 to First American Equipment Finance. The two lease-purchase financings would total up to $1,407,758 for City vehicles and equipment, with seven-year and five-year terms.
First American Equipment Finance holds this financial services contract with City of Mineral Wells. Its other public contracts on record include work for Topeka Public Schools Unified School District 501 and Camas School District.
Term as filed: Two lease-purchase financings: one seven-year term and one five-year term.
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Contract details
- Contract type
- Financial Services
- Amount
- Aggregate principal amount not to exceed $1,407,758: $554,598 for seven years and $853,160 for five years
- Document date
- November 14, 2026
- Term
- Two lease-purchase financings: one seven-year term and one five-year term
- Agency
- City of Mineral Wells
- Source document
- City of Mineral Wells Agenda Regular Meeting 2026-11-17 (Agenda)
First American Equipment Finance's other public contracts
More City of Mineral Wells contracts
Questions about this contract
Who was awarded the financial services contract by City of Mineral Wells?
First American Equipment Finance was awarded this financial services contract by City of Mineral Wells, as recorded on November 14, 2026. The contract value is Aggregate principal amount not to exceed $1,407,758: $554,598 for seven years and $853,160 for five years.
How much is the First American Equipment Finance contract with City of Mineral Wells worth?
The First American Equipment Finance contract with City of Mineral Wells is valued at Aggregate principal amount not to exceed $1,407,758: $554,598 for seven years and $853,160 for five years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Mineral Wells Agenda Regular Meeting 2026-11-17 (Agenda), dated November 14, 2026 from City of Mineral Wells. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First American Equipment Finance hold?
First American Equipment 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 Mineral Wells currently buying?
Explore City of Mineral Wells's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
