CONTRACTAPPROVED

Rancho Murieta Community Services District Awards Financial Services Contract to Caterpillar Financial Services Corporation (October 2026)

Rancho Murieta Community Services District
Disclosed value
Total lease payments not to exceed $197,332.94; two annual payments of $98,615.97 and a final payment of $101.00; fixed interest rate of 4.99% per year
From resolution
Approved
Oct 21, 2026
Renews
Free account

The 30-second brief

What it covers

The Rancho Murieta Community Services District approved a lease-purchase agreement with Caterpillar Financial Services Corporation to finance the replacement backhoe. Payments are capped at $197,332.94 at a fixed 4.99% interest rate, with scheduled payments extending through FY 2028-29.

Who holds it

Caterpillar Financial Services Corporation holds this financial services contract with Rancho Murieta Community Services District. Its other public contracts on record include work for Apache County and West York Police Pension Fund.

What happens next

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Contract details

Contract type
Financial Services
Amount
Total lease payments not to exceed $197,332.94; two annual payments of $98,615.97 and a final payment of $101.00; fixed interest rate of 4.99% per year
Document date
October 21, 2026
Term
FY 2026-27 through FY 2028-29; three scheduled payments
Renews
On record
Source document
Rancho Murieta Community Services District Resolution Resolution No. R2026-18 Backhoe Acquisition and Lease-Purchase Agreement 2026-10-21 (Resolution)

Caterpillar Financial Services Corporation's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Rancho Murieta Community Services District?

Caterpillar Financial Services Corporation was awarded this financial services contract by Rancho Murieta Community Services District, as recorded on October 21, 2026. The contract value is Total lease payments not to exceed $197,332.94; two annual payments of $98,615.97 and a final payment of $101.00; fixed interest rate of 4.99% per year.

How much is the Caterpillar Financial Services Corporation contract with Rancho Murieta Community Services District worth?

The Caterpillar Financial Services Corporation contract with Rancho Murieta Community Services District is valued at Total lease payments not to exceed $197,332.94; two annual payments of $98,615.97 and a final payment of $101.00; fixed interest rate of 4.99% per year, 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 Rancho Murieta Community Services District Resolution Resolution No. R2026-18 Backhoe Acquisition and Lease-Purchase Agreement 2026-10-21 (Resolution), dated October 21, 2026 from Rancho Murieta Community Services District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Caterpillar Financial Services Corporation hold?

Caterpillar Financial Services Corporation 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 Rancho Murieta Community Services District currently buying?

Explore Rancho Murieta Community Services District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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