FINANCIAL_SERVICESAPPROVED

Frontier Community College Awards Financial Services Contract to Stellantis Financial Services (July 2026)

Illinois Eastern Community Colleges plans to finance a 2026 Ram 1500 Limited Crew Cab 4x4 for the Chancellor through a three-year tax-exempt lease-purchase with Stellantis Financial Services. The $68,468.63 acquisition will be repaid in annual installments of $24,832.55 at 9.08% interest with no residual value.

Status
APPROVED
Document date
July 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Stellantis Financial Services
Agency
Frontier Community College · IL

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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
$68,468.63 (financed; annual payments $24,832.55 for 3 years)
Contract type
FINANCIAL_SERVICES
Contract term
Three (3) years
Renewal date
2029-07-28
Renewal
Three-year lease-purchase with no residual value; upon final payment the district will own the vehicle outright and no renewal is anticipated.
Document type
AgendaPacket
Source document
Illinois Eastern Community Colleges AgendaPacket Board of Trustees Meeting 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Frontier Community College?

Stellantis Financial Services was awarded this financial services contract by Frontier Community College, as recorded on July 19, 2026. The contract value is $68,468.63 (financed; annual payments $24,832.55 for 3 years).

How much is the Stellantis Financial Services contract with Frontier Community College worth?

The Stellantis Financial Services contract with Frontier Community College is valued at $68,468.63 (financed; annual payments $24,832.55 for 3 years), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Illinois Eastern Community Colleges AgendaPacket Board of Trustees Meeting 2026-07-21 (AgendaPacket), dated July 19, 2026 from Frontier Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stellantis Financial Services hold?

Stellantis Financial Services 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 Stellantis Financial Services's profile

What is Frontier Community College currently buying?

Explore Frontier Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Frontier Community College's profile

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