CONTRACTAPPROVED

South Plainfield School District Awards Equipment Contract to American Capital Financial Services Inc (December 2025)

South Plainfield School District logoSouth Plainfield School District
Disclosed value
$350,471 over 4 years plus $24,279.12 interest (4.65%)
From agenda
Approved
Dec 17, 2025
Term
4 year period

The 30-second brief

What it covers

The Board approved a four-year lease/purchase agreement with American Capital Financial Services, Inc. for 550 Lenovo Yoga Notebooks totaling $350,471 plus $24,279.12 in interest. The financed devices will support K-12 classroom technology needs.

Who holds it

American Capital Financial Services Inc holds this equipment contract with South Plainfield School District. Its other public contracts on record include work for Clark Township Public School District and Glenview CCSD 34.

What happens next

Term as filed: 4 year period.

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Contract details

Contract type
Equipment
Amount
$350,471 over 4 years plus $24,279.12 interest (4.65%)
Document date
December 17, 2025
Term
4 year period
Source document
south_plainfield_board_of_education_regular_public.pdf (Agenda)

American Capital Financial Services Inc's other public contracts

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Questions about this contract

Who was awarded the equipment contract by South Plainfield School District?

American Capital Financial Services Inc was awarded this equipment contract by South Plainfield School District, as recorded on December 17, 2025. The contract value is $350,471 over 4 years plus $24,279.12 interest (4.65%).

How much is the American Capital Financial Services Inc contract with South Plainfield School District worth?

The American Capital Financial Services Inc contract with South Plainfield School District is valued at $350,471 over 4 years plus $24,279.12 interest (4.65%), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in south_plainfield_board_of_education_regular_public.pdf (Agenda), dated December 17, 2025 from South Plainfield School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Capital Financial Services Inc hold?

American Capital Financial Services Inc 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 South Plainfield School District currently buying?

Explore South Plainfield School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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