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PACCAR Financial Handles Garbage Truck Lease Financing

City of Somerton logoCity of Somerton
Disclosed value
$71,162 principal, $7,096 interest
From agenda
Document date
Mar 26, 2024
Term
2 payments, likely annual

The 30-second brief

What it covers

The City of Somerton is making principal and interest payments to PACCAR Financial for the lease of a 2022 Peterbilt garbage truck.

Who holds it

Paccar Financial holds this financial services contract with City of Somerton. Its other public contracts on record include work for Town of Mansfield and Town of Danville.

What happens next

Term as filed: 2 payments, likely annual.

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Contract details

Contract type
Financial Services
Amount
$71,162 principal, $7,096 interest
Document date
March 26, 2024
Term
2 payments, likely annual
Vendor
Paccar Financial
Agency
City of Somerton
Source document
city_of_somerton_work_session_council_meeting_agen.pdf (Agenda)

Paccar Financial's other public contracts

Town of Mansfield, New YorkTown Approves Six-Year Paccar Truck Lease · Jun 15, 2026Town of Danville, CaliforniaPACCAR Financial Group awarded $539,681 investment purchase · Oct 21, 2025$539.7KTown of Thurston, New YorkPaccar Financial Corp awarded vehicle financing contract · Jul 16, 2025$32KTown of Thurston, New YorkPaccar Financial Corp awarded vehicle financing contract · Jul 16, 2025$7.3KFranklin County, IndianaPaccar Financial lease purchase agreement for equipment · Jun 25, 2025UndisclosedAll Paccar Financial contractsVendor profile

More City of Somerton contracts

Yuma Union High School District No. 70Somerton Reviews Shared-Facility Agreement With Yuma District · Oct 21, 2026UndisclosedMaya ConstructionMaya Construction Built Somerton Pickleball Courts · Oct 21, 2026UndisclosedCASELLESomerton Records Caselle Municipal Software Payment · Oct 20, 2026$7KFord Credit Municipal FinanceSomerton Records Ford Municipal Finance Payment · Oct 20, 2026$2.6KAlk AsphaltSomerton Records Asphalt Payment to ALK ASPHALT · Oct 20, 2026$632.6All City of Somerton activityAgency profile

Questions about this contract

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

Paccar Financial was awarded this financial services contract by City of Somerton, as recorded on March 26, 2024. The contract value is $71,162 principal, $7,096 interest.

How much is the Paccar Financial contract with City of Somerton worth?

The Paccar Financial contract with City of Somerton is valued at $71,162 principal, $7,096 interest, 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 city_of_somerton_work_session_council_meeting_agen.pdf (Agenda), dated March 26, 2024 from City of Somerton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Paccar Financial hold?

Paccar Financial 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 Somerton currently buying?

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

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