CONTRACTAPPROVED

City of Patterson Awards Equipment Contract to Pierce Financial Solutions (September 2023)

City of Patterson logoCity of Patterson
Disclosed value
Prepayment discount of $319,915.06 (total lease amount not stated)
From minutes
Approved
Sep 5, 2023

The 30-second brief

What it covers

The City of Patterson approved a lease with Pierce Financial Solutions to purchase a new ladder truck for the Fire Department, receiving a prepayment discount of $319,915.06. The lease-financing arrangement enables acquisition of the apparatus at a reduced cost.

Who holds it

Pierce Financial Solutions holds this equipment contract with City of Patterson. Its other public contracts on record include work for Central Lyon County Fire District and Town of Concrete.

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Contract details

Contract type
Equipment
Amount
Prepayment discount of $319,915.06 (total lease amount not stated)
Document date
September 5, 2023
Source document
City of Patterson Regular Meeting Minutes 2023-09-05 (Minutes)

Pierce Financial Solutions's other public contracts

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Questions about this contract

Who was awarded the equipment contract by City of Patterson?

Pierce Financial Solutions was awarded this equipment contract by City of Patterson, as recorded on September 5, 2023. The contract value is Prepayment discount of $319,915.06 (total lease amount not stated).

How much is the Pierce Financial Solutions contract with City of Patterson worth?

The Pierce Financial Solutions contract with City of Patterson is valued at Prepayment discount of $319,915.06 (total lease amount not stated), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Patterson Regular Meeting Minutes 2023-09-05 (Minutes), dated September 5, 2023 from City of Patterson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pierce Financial Solutions hold?

Pierce Financial Solutions 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 Patterson currently buying?

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

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