City of Newark Awards Financial Services Contract to Fulton Bank NA (December 2021)
City of NewarkCity · Newark, DE- Disclosed value
- Up to $190,500 (lease; actual around $81,500)
- From minutes
- Approved
- Dec 13, 2021
- Term
- Five-year term
The 30-second brief
City of Newark Council approved a master lease agreement with Fulton Bank N.A. to finance three 2021 Ford Police Interceptors and one 2022 hybrid interceptor for up to $190,500 over five years. The vehicles will become City property at the end of the term.
Fulton Bank NA holds this financial services contract with City of Newark. Its other public contracts on record include work for Maryland Health and Higher Educational Facilities Authority | State of Maryland and Merchantville Pennsauken Water Commission.
Term as filed: Five-year term.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $190,500 (lease; actual around $81,500)
- Document date
- December 13, 2021
- Term
- Five-year term
- Vendor
- Fulton Bank NA
- Agency
- City of Newark
- Source document
- city_of_newark_council_meeting_minutes_december_13.pdf (Minutes)
Fulton Bank NA's other public contracts
More City of Newark contracts
Questions about this contract
Who was awarded the financial services contract by City of Newark?
Fulton Bank NA was awarded this financial services contract by City of Newark, as recorded on December 13, 2021. The contract value is Up to $190,500 (lease; actual around $81,500).
How much is the Fulton Bank NA contract with City of Newark worth?
The Fulton Bank NA contract with City of Newark is valued at Up to $190,500 (lease; actual around $81,500), 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_newark_council_meeting_minutes_december_13.pdf (Minutes), dated December 13, 2021 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fulton Bank NA hold?
Fulton Bank NA 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 Newark currently buying?
Explore City of Newark's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.