CONTRACTONGOING

PeoplesSouth Bank note finances County IT obligation

Town of Sasser
Disclosed value
$102,247 original principal; $51,378 principal repaid in FY2019; $50,869 remaining at 9/30/2019
From report
Document date
Sep 30, 2019

The 30-second brief

What it covers

Terrell County financed its obligation to South Georgia Regional Information Technology Authority through a $102,247 note with PeoplesSouth Bank at 1.982% interest, repaying $51,378 in FY2019 with the remaining $50,869 due by November 30, 2019.

Who holds it

Peoplessouth Bank holds this financial services contract with Town of Sasser. Its other public contracts on record include work for Miller County School District and Franklin County.

What happens next

Term as filed: Note dated August 31, 2018; annual installments of $51,890 beginning November 30, 2018; maturing November 30, 2019.

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Contract details

Contract type
Financial Services
Amount
$102,247 original principal; $51,378 principal repaid in FY2019; $50,869 remaining at 9/30/2019
Document date
September 30, 2019
Term
Note dated August 31, 2018; annual installments of $51,890 beginning November 30, 2018; maturing November 30, 2019
Source document
terrell-county-ga-annual-financial-report-fye-2019_d1c.pdf (Report)

Peoplessouth Bank's other public contracts

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Questions about this contract

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

Peoplessouth Bank was awarded this financial services contract by Town of Sasser, as recorded on September 30, 2019. The contract value is $102,247 original principal; $51,378 principal repaid in FY2019; $50,869 remaining at 9/30/2019.

How much is the Peoplessouth Bank contract with Town of Sasser worth?

The Peoplessouth Bank contract with Town of Sasser is valued at $102,247 original principal; $51,378 principal repaid in FY2019; $50,869 remaining at 9/30/2019, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in terrell-county-ga-annual-financial-report-fye-2019_d1c.pdf (Report), dated September 30, 2019 from Town of Sasser. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Peoplessouth Bank hold?

Peoplessouth 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 Sasser currently buying?

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

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