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City of Ledyard Awards $289,990 Lease/Purchase Contract to Lease Servicing Center, Inc. (March 2025)

City of Ledyard
Disclosed value
$289,990.00
From meeting minutes
Approved
Mar 12, 2025
Term
5 years

The 30-second brief

What it covers

The Town of Ledyard has entered into a five-year Lease/Purchase Agreement with Lease Servicing Center, Inc. dba NCL Government Capital to purchase a Pelican Three-Wheel Mechanical Sweeper. The annual payment would be $66,000 a year, which included about a 4.7% annual interest rate.

Who holds it

Lease Servicing Center, Inc. holds this lease/purchase contract with City of Ledyard. Its other public contracts on record include work for Township of Roxbury and Town of China Grove.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Lease/Purchase
Amount
$289,990.00
Document date
March 12, 2025
Term
5 years
Vendor
Lease Servicing Center, Inc.
Agency
City of Ledyard
Source document
city-of-ledyardmeeting-minutes2025-03-12_841.pdf (Meeting Minutes)

Lease Servicing Center, Inc.'s other public contracts

Township of Roxbury, New JerseyLease Servicing Center police vehicle lease agreement approved · Sep 30, 2025$217KTown of China Grove, North CarolinaNCL Government Capital $300K lease for police vehicles · Jul 29, 2025$300.8KTown of Newton Grove, North CarolinaNCL Government Capital $300K lease for police vehicles · Jul 29, 2025$300.8KColumbia County, OregonColumbia County approves $111K lease for emergency vehicle · Jul 23, 2025$111.2KClay County, MissouriClay County leases excavator with three year payment plan · Jul 10, 2025$245.5KAll Lease Servicing Center, Inc. contractsVendor profile

More City of Ledyard contracts

Ryans Reliable ServicesRyan's Reliable Services LLC Commercial Site Plan Approval · Sep 11, 2025UndisclosedKamco Supply of New EnglandKamco supplies materials for JWL HVAC project. · Sep 8, 2025$1.3KKamco Supply of New EnglandKamco provides supplies for Juliet HVAC project. · Sep 8, 2025$406Kamco Supply of New EnglandKamco provides supplies for Juliet HVAC upgrade. · Sep 8, 2025$58NUTMEGNutmeg leads HVAC project at Long Elementary. · Sep 8, 2025$485.5KAll City of Ledyard activityAgency profile

Questions about this contract

Who was awarded the lease/purchase contract by City of Ledyard?

Lease Servicing Center, Inc. was awarded this lease/purchase contract by City of Ledyard, as recorded on March 12, 2025. The contract value is $289,990.00.

How much is the Lease Servicing Center, Inc. contract with City of Ledyard worth?

The Lease Servicing Center, Inc. contract with City of Ledyard is valued at $289,990.00, covering lease/purchase work.

What type of contract is this?

This is a Lease/Purchase contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-ledyardmeeting-minutes2025-03-12_841.pdf (Meeting Minutes), dated March 12, 2025 from City of Ledyard. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lease Servicing Center, Inc. hold?

Lease Servicing Center, 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 City of Ledyard currently buying?

Explore City of Ledyard's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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