City of Raymond Awards $2,165,862 Financial Services Contract to Regions Equipment Finance Corporation (July 2025)

Scope & details

The full contract record, as filed.

Contract amount

$2,165,862

Contract type

FINANCIAL_SERVICES

Contract term

3 years, with annual payments on August 21, 2026, 2027, and 2028

Renewal date

2028-08-21

Renewal

Single 3-year note maturing August 21, 2028 with no stated renewal; District may prepay principal in whole or in part at any time with at least 30 days’ written notice.

Document type

Resolution

Source document

Hinds County School District Resolution Revenue Shortfall Loan 2025-07-24

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APPROVED

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AWARDED

City of Morgan, Louisiana$2,350,000 (Bond R-1, part of $3,100,000)Feb 24, 2026

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APPROVED

City of Raymond, Mississippi$2,165,862Jul 24, 2025

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PENDING

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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 Raymond?

Regions Equipment Finance Corporation was awarded this financial services contract by City of Raymond, as recorded on July 24, 2025. The contract value is $2,165,862.

How much is the Regions Equipment Finance Corporation contract with City of Raymond worth?

The Regions Equipment Finance Corporation contract with City of Raymond is valued at $2,165,862, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Hinds County School District Resolution Revenue Shortfall Loan 2025-07-24 (Resolution), dated July 24, 2025 from City of Raymond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regions Equipment Finance Corporation hold?

Regions Equipment Finance 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 Regions Equipment Finance Corporation's profile

What is City of Raymond currently buying?

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

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