Streamwood Park District Awards Financial Services Contract to Western Equipment Finance (April 2024)
Streamwood Park DistrictSpecial District · Streamwood, IL- Disclosed value
- Annual cost of $35,556.12 per year (12*$2,963.01) plus purchase option for $16,531.20 at the end of the lease
- From minutes
- Approved
- Apr 23, 2024
The 30-second brief
The Streamwood Park District approved lease financing with Western Equipment Finance for new mower-related equipment, at $35,556.12 annually and a $16,531.20 end-of-lease purchase option. The agreement supports replacement of grounds maintenance equipment over a three-year term.
Western Equipment Finance holds this financial services contract with Streamwood Park District. Its other public contracts on record include work for City of Hinton and Oilton Public Schools.
Term as filed: Three (3) year lease agreement with end-of-lease buyout option.
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Contract details
- Contract type
- Financial Services
- Amount
- Annual cost of $35,556.12 per year (12*$2,963.01) plus purchase option for $16,531.20 at the end of the lease
- Document date
- April 23, 2024
- Term
- Three (3) year lease agreement with end-of-lease buyout option
- Agency
- Streamwood Park District
- Source document
- Streamwood Park District Board of Commissioners Meeting Minutes April 2024 (Minutes)
Western Equipment Finance's other public contracts
More Streamwood Park District contracts
Questions about this contract
Who was awarded the financial services contract by Streamwood Park District?
Western Equipment Finance was awarded this financial services contract by Streamwood Park District, as recorded on April 23, 2024. The contract value is Annual cost of $35,556.12 per year (12*$2,963.01) plus purchase option for $16,531.20 at the end of the lease.
How much is the Western Equipment Finance contract with Streamwood Park District worth?
The Western Equipment Finance contract with Streamwood Park District is valued at Annual cost of $35,556.12 per year (12*$2,963.01) plus purchase option for $16,531.20 at the end of the lease, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Streamwood Park District Board of Commissioners Meeting Minutes April 2024 (Minutes), dated April 23, 2024 from Streamwood Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Western Equipment Finance hold?
Western Equipment Finance 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 Streamwood Park District currently buying?
Explore Streamwood Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.