FINANCIAL_SERVICESRECOMMENDED

GNRC Staff Recommend $400,000 RLF Loan to Hanson Paving

GNRC staff recommend approval of a $400,000 CARES Act Revolving Loan Fund loan to Hanson Paving to purchase paving equipment and provide working capital over a 120‑month term. The Loan Review Committee will act on the recommendation for consideration by the GNRC Chair, with standard covenants and servicing fees applied.

Status
RECOMMENDED
Document date
July 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Hanson Paving
Agency
Nashville Area MPO · TN

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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
$400,000
Contract type
FINANCIAL_SERVICES
Contract term
120 months
Renewal
Single 120‑month term loan under the CARES Act RLF Program; no explicit renewal or extension options noted in the agenda packet.
Document type
AgendaPacket
Source document
Greater Nashville Regional Council Loan Review Committee Meeting Agenda Packet 2026-07-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Nashville Area MPO?

Hanson Paving was awarded this financial services contract by Nashville Area MPO, as recorded on July 24, 2026. The contract value is $400,000.

How much is the Hanson Paving contract with Nashville Area MPO worth?

The Hanson Paving contract with Nashville Area MPO is valued at $400,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Greater Nashville Regional Council Loan Review Committee Meeting Agenda Packet 2026-07-24 (AgendaPacket), dated July 24, 2026 from Nashville Area MPO. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hanson Paving hold?

Hanson Paving 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 Hanson Paving's profile

What is Nashville Area MPO currently buying?

Explore Nashville Area MPO's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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