FINANCIAL_SERVICESAPPROVED

City of Nome Awards Financial Services Contract to Caterpillar Financial Services Corporation (September 2026)

Nome authorized Caterpillar Financial Services Corporation to finance the City's 2026 Caterpillar 972 wheel loader. The eight-year lease-purchase schedule totals $461,961.24, including interest at 4.99%.

Document date · September 14, 2026

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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
$461,961.24 total, consisting of $401,069 principal and $60,892.24 interest
Contract type
FINANCIAL_SERVICES
Contract term
Seven annual payments with a final $1.00 payment in year eight; financing rate 4.99%
Renewal date
2034-09-14
Renewal
Eight-year lease-purchase repayment schedule; no renewal option stated.
Document type
AgendaPacket
Source document
City of Nome AgendaPacket Regular Meeting Agenda September 14, 2026

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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 Nome?

Caterpillar Financial Services Corporation was awarded this financial services contract by City of Nome, as recorded on September 14, 2026. The contract value is $461,961.24 total, consisting of $401,069 principal and $60,892.24 interest.

How much is the Caterpillar Financial Services Corporation contract with City of Nome worth?

The Caterpillar Financial Services Corporation contract with City of Nome is valued at $461,961.24 total, consisting of $401,069 principal and $60,892.24 interest, 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 Nome AgendaPacket Regular Meeting Agenda September 14, 2026 (AgendaPacket), dated September 14, 2026 from City of Nome. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Caterpillar Financial Services Corporation hold?

Caterpillar Financial Services Corporation 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 Caterpillar Financial Services Corporation's profile

What is City of Nome currently buying?

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

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