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  5. ›DAY CAB FINANCING

Awarded contract·City of Allentown·Pennsylvania

DAY CAB FINANCING

Won by KS State Bank$100kSingle Award
Contract source

Awarded vendors

  • KS State Bank

Description

The City of Allentown solicited quotes for the financing of a Day Cab. The contract was awarded to KS State Bank, as they provided the lowest most responsible quote. The City will not execute a contract with a vendor that has not obtained a valid business license or has failed to provide the required insurance. The contract documentation is to be sent to the Purchasing Agent and the Solicitors Office for review and execution by the Mayor. • The contract is for the financing of a Day Cab. • The City of Allentown is the contracting agency. • The contract was awarded to KS State Bank. • The vendor must obtain a valid business license and provide the required insurance. • The contract documentation must be sent to the Purchasing Agent and the Solicitors Office for review and execution.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Industry
Financial Services
NAICS
52211
Solicitation №
2022-007

Contract value

$100,000

The contract value is not explicitly stated in the provided documents. However, based on the context of the contract being for the financing of a day cab, the value is likely to be in the range of a few thousand to tens of thousands of dollars, as day cabs are typically priced around $50,000 to $100,000 or more. Without more specific information about the terms of the financing, such as the interest rate, loan duration, and any applicable fees, it's challenging to provide a precise estimate. Nonetheless, considering the nature of the contract, a rough estimate might place the value in the range of $50,000 to $200,000.

AI estimate from the award documents

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