CONTRACTAPPROVED

Oak Ridge village Awards Financial Services Contract to Cumberland Securities Company Inc (May 2025)

Oak Ridge village logoOak Ridge village
Disclosed value
Not to exceed $20,000.00
From minutes
Approved
May 12, 2025
Term
Five-year period

The 30-second brief

What it covers

Council adopted Resolution 5-67-2025 approving a five-year municipal financial services agreement with Cumberland Securities Company, Inc., with fees capped at $20,000.00. The firm will support the city’s financing activities.

Who holds it

Cumberland Securities Company Inc holds this financial services contract with Oak Ridge village. Its other public contracts on record include work for Cocke County and Anderson County.

What happens next

Term as filed: Five-year period.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $20,000.00
Document date
May 12, 2025
Term
Five-year period
Source document
oak-ridge-city-council-minutes-contracts-grants-procurement-may-12-2025_179.pdf (Minutes)

Cumberland Securities Company Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Oak Ridge village?

Cumberland Securities Company Inc was awarded this financial services contract by Oak Ridge village, as recorded on May 12, 2025. The contract value is Not to exceed $20,000.00.

How much is the Cumberland Securities Company Inc contract with Oak Ridge village worth?

The Cumberland Securities Company Inc contract with Oak Ridge village is valued at Not to exceed $20,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in oak-ridge-city-council-minutes-contracts-grants-procurement-may-12-2025_179.pdf (Minutes), dated May 12, 2025 from Oak Ridge village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Securities Company Inc hold?

Cumberland Securities Company 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.

What is Oak Ridge village currently buying?

Explore Oak Ridge village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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