Town of Newberry Awards Financial Services Contract to First Community Bank (August 2024)
Town of NewberryCity · IN- Disclosed value
- Not to exceed $550,000
- From minutes
- Approved
- Aug 15, 2024
The 30-second brief
Newberry City Council approved Ordinance #2024-1019 authorizing a lease-purchase finance agreement with First Community Bank for a vacuum truck. The agreement is for a principal amount not to exceed $550,000 at 4.59% interest over a term of up to four years, subject to annual appropriation.
First Community Bank holds this financial services contract with Town of Newberry. Its other public contracts on record include work for CAMERON COUNTY DRAINAGE DISTRICT 5 and HARLINGEN SCHOOL OF HEALTH PROFESSIONS.
Term as filed: Not exceeding four years; interest rate 4.59%; subject to annual appropriation.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $550,000
- Document date
- August 15, 2024
- Term
- Not exceeding four years; interest rate 4.59%; subject to annual appropriation
- Vendor
- First Community Bank
- Agency
- Town of Newberry
- Source document
- newberry-city-council-meeting-minutes-august-15-2024_4a4.pdf (Minutes)
First Community Bank's other public contracts
More Town of Newberry contracts
Questions about this contract
Who was awarded the financial services contract by Town of Newberry?
First Community Bank was awarded this financial services contract by Town of Newberry, as recorded on August 15, 2024. The contract value is Not to exceed $550,000.
How much is the First Community Bank contract with Town of Newberry worth?
The First Community Bank contract with Town of Newberry is valued at Not to exceed $550,000, 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 newberry-city-council-meeting-minutes-august-15-2024_4a4.pdf (Minutes), dated August 15, 2024 from Town of Newberry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Community Bank hold?
First Community Bank 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 Newberry currently buying?
Explore Town of Newberry's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.