CONTRACTAPPROVED

City of Weslaco Awards $506,218 Financial Services Contract to First American Equipment Finance (December 2023)

City of Weslaco logoCity of Weslaco
Disclosed value
$506,218
From minutes
Approved
Dec 19, 2023

The 30-second brief

What it covers

Weslaco approved a $506,218 financing agreement with First American Equipment Finance to acquire a front wheel loader and asphalt zipper for the Public Works Department. The 5-year financing carries a 4.918% interest rate with annual payments of $116,658.69.

Who holds it

First American Equipment Finance holds this financial services contract with City of Weslaco. Its other public contracts on record include work for Prince George's County Public Schools and Town of Clover.

What happens next

Term as filed: 5 years with annual payments of $116,658.69 at 4.918% interest.

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Contract details

Contract type
Financial Services
Amount
$506,218
Document date
December 19, 2023
Term
5 years with annual payments of $116,658.69 at 4.918% interest
Source document
City of Weslaco Minutes of a Regular Meeting 2023-12-19 (Minutes)

First American Equipment Finance's other public contracts

More City of Weslaco contracts

Questions about this contract

Who was awarded the financial services contract by City of Weslaco?

First American Equipment Finance was awarded this financial services contract by City of Weslaco, as recorded on December 19, 2023. The contract value is $506,218.

How much is the First American Equipment Finance contract with City of Weslaco worth?

The First American Equipment Finance contract with City of Weslaco is valued at $506,218, 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 Weslaco Minutes of a Regular Meeting 2023-12-19 (Minutes), dated December 19, 2023 from City of Weslaco. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First American Equipment Finance hold?

First American Equipment Finance 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 Weslaco currently buying?

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

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