CONTRACTPENDING

Chelsea approves lease with Banc of America for equipment

City of Chelsea logoCity of Chelsea
Disclosed value
$3,615,699.00
From meeting minutes
Document date
Jun 5, 2023
Term
15 years

The 30-second brief

What it covers

City of Chelsea authorizes lease purchase financing agreement with Banc of America for equipment acquisition to improve City's utility and energy services, with a cost not to exceed $3,615,699.00.

Who holds it

Banc of America Public Capital Corp holds this equipment lease/purchase agreement contract with City of Chelsea. Its other public contracts on record include work for South Huntington Union Free School District and Wiseburn Unified.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Equipment Lease/Purchase Agreement
Amount
$3,615,699.00
Document date
June 5, 2023
Term
15 years
Source document
city-of-chelsea-meeting-minutes-2023-06-05_651.pdf (Meeting Minutes)

Banc of America Public Capital Corp's other public contracts

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Questions about this contract

Who was awarded the equipment lease/purchase agreement contract by City of Chelsea?

Banc of America Public Capital Corp was awarded this equipment lease/purchase agreement contract by City of Chelsea, as recorded on June 5, 2023. The contract value is $3,615,699.00.

How much is the Banc of America Public Capital Corp contract with City of Chelsea worth?

The Banc of America Public Capital Corp contract with City of Chelsea is valued at $3,615,699.00, covering equipment lease/purchase agreement work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-chelsea-meeting-minutes-2023-06-05_651.pdf (Meeting Minutes), dated June 5, 2023 from City of Chelsea. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Banc of America Public Capital Corp hold?

Banc of America Public Capital Corp 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 Chelsea currently buying?

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

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