TRANSPORTATIONAPPROVED

stevens-point-area-school-district-school-board-meeting-agenda-october-9-2023_809.md

District Approves $1.1M Bus Acquisition with Mid-State Truck Service

$1,138,357.50 (annual lease payments of about $220,470/year over 6 years)Stevens Point Area School DistrictMID-STATE TRUCK SERVICEOctober 9, 2023

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Description

The Stevens Point Area Public School District approved the acquisition of 11 buses and one van from Mid-State Truck Service for $1,138,357.50, to be paid via a six-year lease. The action allows for modifications to bid or interest amounts.

Contract Details

Contract Amount

$1,138,357.50 (annual lease payments of about $220,470/year over 6 years)

Vendor

MID-STATE TRUCK SERVICE

Agency

Stevens Point Area School District, WI

Contract Type

TRANSPORTATION

Document Date

October 9, 2023

Contract Term

6 years (lease, 2023-2029 expected)

Renewal Date

2029-10-09

Renewal Info

Lease to be paid over six years; modifications to bid or interest allowed as needed.

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APPROVED

Stevens Point Area School District (Wisconsin)$1,138,357.50, to be paid by lease over a six-year period in annual payments of about $220,470 per yearOctober 9, 2023

Issuing Agency