City of Miami Awards Financial Services Contract to Regions Capital Advantage Inc (July 2026)

The City of Miami Commission awarded Regions Capital Advantage, Inc. a master equipment lease purchase financing contract for up to $150 million to acquire ambulance units, fleet vehicles, and related equipment. The City Manager is authorized to finalize the lease-purchase agreement and implement financing for the City’s vehicle acquisitions.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed total aggregate principal amount of $150,000,000.00

Contract type

FINANCIAL_SERVICES

Renewal

Master Equipment Lease Purchase Agreement may be amended as needed; specific renewal terms not stated but amendments and related documents are authorized.

Document type

Agenda

Source document

City of Miami Marked Agenda 2026-07-23

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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 Miami?

Regions Capital Advantage Inc was awarded this financial services contract by City of Miami, as recorded on July 23, 2026. The contract value is Not to exceed total aggregate principal amount of $150,000,000.00.

How much is the Regions Capital Advantage Inc contract with City of Miami worth?

The Regions Capital Advantage Inc contract with City of Miami is valued at Not to exceed total aggregate principal amount of $150,000,000.00, 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 Miami Marked Agenda 2026-07-23 (Agenda), dated July 23, 2026 from City of Miami. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regions Capital Advantage Inc hold?

Regions Capital Advantage Inc 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 Regions Capital Advantage Inc's profile

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