CONTRACTAPPROVED

Town of Lodi Awards Financial Services Contract to Pierce Financial Solutions (January 2021)

Disclosed value: $630,579.00 at 1.87% interest rate; From minutes
Approved: Jan 19, 2021

What it covers

The Town of Lodi Board approved a 5-year tax-exempt lease purchase financing agreement with Pierce Financial Solutions for a new LAFD fire truck. The arrangement finances $630,579.00 at a 1.87% interest rate, with five annual payments as detailed in the January 8, 2021 lease purchase document.

Who holds it

Pierce Financial Solutions holds this financial services contract with Town of Lodi. Its other public contracts on record include work for Central Lyon County Fire District and Town of Concrete.

What happens next

Term as filed: 5-year/5-annual payment tax-exempt lease purchase.

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Contract details

Contract type: Financial Services
Amount: $630,579.00 at 1.87% interest rate
Document date: January 19, 2021
Term: 5-year/5-annual payment tax-exempt lease purchase
Vendor: Pierce Financial Solutions
Agency: Town of Lodi
Source document: Town of Lodi Board Meeting Minutes January 2021 (Minutes)

Pierce Financial Solutions's other public contracts

Central Lyon County Fire District, NevadaPierce Financial Proposes Lease Purchase for New Pumper · Jul 20, 2026 Town of Concrete, WashingtonConcrete Considering New Fire Apparatus Lease Purchase · Sep 8, 2025$530.3K City of South Salt Lake, UtahLease Purchase Options Considered for Fire Department Equipment · Aug 13, 2025$1M North Tooele Fire District, UtahBoard Reviews Lease Purchase with Pierce Financial Solutions · Oct 16, 2024Undisclosed North Tooele Fire District, UtahFire Engine Lease Purchase Approved with Pierce Financial Solutions · Oct 16, 2024Undisclosed All Pierce Financial Solutions contractsVendor profile

More Town of Lodi contracts

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Questions about this contract

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

Pierce Financial Solutions was awarded this financial services contract by Town of Lodi, as recorded on January 19, 2021. The contract value is $630,579.00 at 1.87% interest rate.

How much is the Pierce Financial Solutions contract with Town of Lodi worth?

The Pierce Financial Solutions contract with Town of Lodi is valued at $630,579.00 at 1.87% interest rate, 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 Town of Lodi Board Meeting Minutes January 2021 (Minutes), dated January 19, 2021 from Town of Lodi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pierce Financial Solutions hold?

Pierce Financial Solutions 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 Town of Lodi currently buying?

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

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