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Sullivan County Awards $1,550,000 Financial Services Contract to Bank of Tennessee (December 2022)

Sullivan County
Disclosed value
$1,550,000.00
From agenda
Approved
Dec 15, 2022

The 30-second brief

What it covers

Sullivan County Commission approved issuance of a $1,550,000 capital outlay note to Bank of Tennessee to finance 28 new Sheriff’s Office vehicles over a four-year period. The note will be repaid through the Sheriff’s annual operating budget and was chosen over a lease due to lower interest costs.

Who holds it

Bank of Tennessee holds this financial services contract with Sullivan County. Its other public contracts on record include work for East Tennessee State University and Town of Jonesborough.

What happens next

Term as filed: 4-year period; 48-month capital outlay note.

See who signed off on this $1.6M contract.

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Contract details

Contract type
Financial Services
Amount
$1,550,000.00
Document date
December 15, 2022
Term
4-year period; 48-month capital outlay note
Vendor
Bank of Tennessee
Agency
Sullivan County
Source document
Sullivan County Commission Regular Session Agenda December 2022 (Agenda)

Bank of Tennessee's other public contracts

East Tennessee State University, TennesseeETSU Banking RFP Includes Bank Of Tennessee · Sep 11, 2026UndisclosedTown of Jonesborough, TennesseeBank Of Tennessee Provides Tiger Park Interim Financing · Aug 10, 2026$2MEast Tennessee State University, TennesseeETSU Conducts Banking RFP With Bank Of Tennessee Incumbent · May 21, 2026UndisclosedTown of Jonesborough, TennesseeBank of Tennessee offers the lowest rate. · Aug 29, 2024UndisclosedSullivan County, TennesseeCounty Issues $1.55M Note to Bank of Tennessee · Dec 15, 2022$1.6MAll Bank of Tennessee contractsVendor profile

More Sullivan County contracts

Petworks Animal ServicesSullivan County Defers $50,000 PETWORKS Funding · Sep 17, 2026$50KUniversity of BaltimoreUniversity of Baltimore Named CORRIDOR Project Partner · Sep 17, 2026Cdc FoundationCDC Foundation Named Overdose Response Project Partner · Sep 17, 2026Cdc FoundationSullivan County Plans CDC Foundation Data Partnership · Sep 10, 2026Petworks Animal ServicesSullivan County Plans $50,000 PETWORKS Shelter Funding · Sep 10, 2026$50KAll Sullivan County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Sullivan County?

Bank of Tennessee was awarded this financial services contract by Sullivan County, as recorded on December 15, 2022. The contract value is $1,550,000.00.

How much is the Bank of Tennessee contract with Sullivan County worth?

The Bank of Tennessee contract with Sullivan County is valued at $1,550,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Sullivan County Commission Regular Session Agenda December 2022 (Agenda), dated December 15, 2022 from Sullivan County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Tennessee hold?

Bank of Tennessee 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 Sullivan County currently buying?

Explore Sullivan County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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