CONTRACTDISCUSSED

PNC Financing Quote Considered for Fire Pumper

Disclosed value: $177,000 annually; $70,000 prepayment discount; From minutes
Document date: Mar 18, 2026

What it covers

Mount Vernon considered PNC's 4.59% financing quote while authorizing advance payment for a new fire pumper. The planned seven-year loan would require annual payments of $177,000, with a $70,000 prepayment discount.

Who holds it

PNC holds this financial services contract with City of Mount Vernon. Its other public contracts on record include work for City of Sandy Springs and Housing Finance Authority of Miami-Dade County.

What happens next

Term as filed: Seven-year loan; first prepayment in 2027; two prepayments before fire pumper delivery.

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Contract details

Contract type: Financial Services
Amount: $177,000 annually; $70,000 prepayment discount
Document date: March 18, 2026
Term: Seven-year loan; first prepayment in 2027; two prepayments before fire pumper delivery
Vendor: PNC
Agency: City of Mount Vernon
Source document: City of Mount Vernon Minutes March 18, 2026 (Minutes)

PNC's other public contracts

City of Sandy Springs, GeorgiaPNC Financing Defers Sandy Springs Fire Apparatus Payment · Nov 3, 2026 Housing Finance Authority of Miami-Dade County, FloridaPNC to Provide $86.58 Million Golden Lakes Mortgage · Oct 26, 2026$86.6M Housing Finance Authority of Miami-Dade County, FloridaPNC to Provide $69.2 Million Golden Lakes Bridge Loan · Oct 26, 2026$69.2M Housing Finance Authority of Miami-Dade County, FloridaPNC to Provide $86.46 Million Golden Lakes Tax Credit Equity · Oct 26, 2026$86.5M City of Ridgefield, WashingtonPNC Listed as Ridgefield Plan Consultant · Oct 21, 2026Undisclosed All PNC contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Mount Vernon?

PNC was awarded this financial services contract by City of Mount Vernon, as recorded on March 18, 2026. The contract value is $177,000 annually; $70,000 prepayment discount.

How much is the PNC contract with City of Mount Vernon worth?

The PNC contract with City of Mount Vernon is valued at $177,000 annually; $70,000 prepayment discount, 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 Mount Vernon Minutes March 18, 2026 (Minutes), dated March 18, 2026 from City of Mount Vernon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PNC hold?

PNC 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 Mount Vernon currently buying?

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

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