FINANCIAL_SERVICESAPPROVED

Town of Butner Awards $800,000 Financial Services Contract to Wake Electric (September 2026)

The Town of Butner approved Budget Amendment 003-2027, incorporating $800,000 in financing from Wake Electric to support re-established purchase orders, chiefly for an E-One Aerial Ladder Fire Truck. This borrowing will be submitted to the Local Government Commission for approval as part of the fire truck financing.

Document date · September 3, 2026

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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
$800,000
Contract type
FINANCIAL_SERVICES
Renewal
Financing from Wake Electric is structured as an Other Financing Source and will require Local Government Commission approval; specific loan term and renewal provisions are not stated in the document.
Document type
AgendaPacket
Source document
Town of Butner AgendaPacket Meeting Agenda 2026-09-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Butner?

Wake Electric was awarded this financial services contract by Town of Butner, as recorded on September 3, 2026. The contract value is $800,000.

How much is the Wake Electric contract with Town of Butner worth?

The Wake Electric contract with Town of Butner is valued at $800,000, 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 Town of Butner AgendaPacket Meeting Agenda 2026-09-03 (AgendaPacket), dated September 3, 2026 from Town of Butner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wake Electric hold?

Wake Electric may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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