FINANCIAL_SERVICESAWARDED

City of Valley Center Awards Financial Services Contract to HALSTEAD (November 2025)

Valley Center financed its November 3 police Tahoe purchase through Halstead at a 4.5% lease-to-own rate. The rate was described as 2.5% below NY Prime and substantially lower than the estimated Enterprise rate.

Document date · November 18, 2025

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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
4.5% lease-to-own interest rate; 2.5% below NY Prime
Contract type
FINANCIAL_SERVICES
Contract term
Lease-to-own vehicle financing; term not specified
Renewal
The City is considering moving additional vehicle leases from Enterprise to Halstead if early termination is financially justified.
Document type
Agenda
Source document
Valley Center Agenda Packet November 18, 2025

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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 Valley Center?

HALSTEAD was awarded this financial services contract by City of Valley Center, as recorded on November 18, 2025. The contract value is 4.5% lease-to-own interest rate; 2.5% below NY Prime.

How much is the HALSTEAD contract with City of Valley Center worth?

The HALSTEAD contract with City of Valley Center is valued at 4.5% lease-to-own interest rate; 2.5% below NY Prime, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Valley Center Agenda Packet November 18, 2025 (Agenda), dated November 18, 2025 from City of Valley Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does HALSTEAD hold?

HALSTEAD may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Valley Center currently buying?

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