FINANCIAL_SERVICESRECOMMENDED

Clover Recommends Huntington Equipment Financing Award

Clover staff recommended awarding Huntington Public Capital Corporation a tax-exempt lease-purchase financing agreement capped at $660,000. The proposed five-year financing carries 4.85% interest and total lease payments of $740,235.45 for budgeted vehicles and equipment.

Document date · August 25, 2026

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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
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
Financing not to exceed $660,000; 4.85% annual interest; $740,235.45 total lease payments; five annual payments of $148,047.09
Contract type
FINANCIAL_SERVICES
Contract term
Five years; five annual payments beginning March 1, 2027
Renewal date
2031-03-01
Renewal
Five-year financing term with five annual installment payments; no renewal option stated.
Document type
AgendaPacket
Source document
Town of Clover AgendaPacket Special Meeting August 25, 2026

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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 Clover?

Huntington Public Capital Corporation was awarded this financial services contract by Town of Clover, as recorded on August 25, 2026. The contract value is Financing not to exceed $660,000; 4.85% annual interest; $740,235.45 total lease payments; five annual payments of $148,047.09.

How much is the Huntington Public Capital Corporation contract with Town of Clover worth?

The Huntington Public Capital Corporation contract with Town of Clover is valued at Financing not to exceed $660,000; 4.85% annual interest; $740,235.45 total lease payments; five annual payments of $148,047.09, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Clover AgendaPacket Special Meeting August 25, 2026 (AgendaPacket), dated August 25, 2026 from Town of Clover. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Huntington Public Capital Corporation hold?

Huntington Public Capital 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.

View Huntington Public Capital Corporation's profile

What is Town of Clover currently buying?

Explore Town of Clover's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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