CONTRACTAPPROVED

county OF PLUMAS HOUSING AUTHORITY Awards Financial Services Contract to Webster Bank National Association (September 2024)

county OF PLUMAS HOUSING AUTHORITY
Disclosed value
Principal amount not to exceed $9,000,000; estimated project cost $8,353,637; interest rate not to exceed 5.00%
From resolution
Approved
Sep 3, 2024

The 30-second brief

What it covers

Plumas County approved an Equipment Lease Purchase Agreement with Webster Bank, National Association to finance approximately $8.35 million in energy-saving equipment, with principal not to exceed $9 million and interest capped at 5%. The lease financing will support lighting, HVAC, photovoltaic systems, and generators for public facilities.

Who holds it

Webster Bank National Association holds this financial services contract with county OF PLUMAS HOUSING AUTHORITY. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.

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Contract details

Contract type
Financial Services
Amount
Principal amount not to exceed $9,000,000; estimated project cost $8,353,637; interest rate not to exceed 5.00%
Document date
September 3, 2024
Source document
County of Plumas Resolution 24-8945 September 2024 (Resolution)

Webster Bank National Association's other public contracts

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Questions about this contract

Who was awarded the financial services contract by county OF PLUMAS HOUSING AUTHORITY?

Webster Bank National Association was awarded this financial services contract by county OF PLUMAS HOUSING AUTHORITY, as recorded on September 3, 2024. The contract value is Principal amount not to exceed $9,000,000; estimated project cost $8,353,637; interest rate not to exceed 5.00%.

How much is the Webster Bank National Association contract with county OF PLUMAS HOUSING AUTHORITY worth?

The Webster Bank National Association contract with county OF PLUMAS HOUSING AUTHORITY is valued at Principal amount not to exceed $9,000,000; estimated project cost $8,353,637; interest rate not to exceed 5.00%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in County of Plumas Resolution 24-8945 September 2024 (Resolution), dated September 3, 2024 from county OF PLUMAS HOUSING AUTHORITY. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Webster Bank National Association hold?

Webster Bank National Association 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 county OF PLUMAS HOUSING AUTHORITY currently buying?

Explore county OF PLUMAS HOUSING AUTHORITY's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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