FINANCIAL_SERVICESAPPROVED

Jemez Valley Public Schools Awards Financial Services Contract to New Mexico Finance Authority (July 2026)

The Jemez Valley Public School District No. 31 entered into an $800,000 education technology General Obligation Lease-Purchase Agreement with the New Mexico Finance Authority on August 21, 2026. The Authority will provide taxable and tax-exempt financing for district technology equipment, repaid via scheduled rent payments through August 1, 2031 and secured by an unlimited ad valorem tax pledge, after which the district may purchase the equipment for $1.

Status
APPROVED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
New Mexico Finance Authority
Agency
Jemez Valley Public Schools · NM

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$800,000 (principal) plus interest per Exhibit B
Contract type
FINANCIAL_SERVICES
Contract term
Closing Date August 21, 2026 through final Rent Payment due August 1, 2031, followed by $1 purchase option
Renewal date
2031-08-01
Renewal
Non-prepayable lease-purchase with no renewal options; upon payment of all Rent Payments and a $1 purchase price, title to the Property vests fully in the Lessee and the Lease terminates.
Document type
Agreement
Source document
New Mexico Finance Authority Lease-Purchase Agreement 2026-08-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Jemez Valley Public Schools?

New Mexico Finance Authority was awarded this financial services contract by Jemez Valley Public Schools, as recorded on July 12, 2026. The contract value is $800,000 (principal) plus interest per Exhibit B.

How much is the New Mexico Finance Authority contract with Jemez Valley Public Schools worth?

The New Mexico Finance Authority contract with Jemez Valley Public Schools is valued at $800,000 (principal) plus interest per Exhibit B, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New Mexico Finance Authority Lease-Purchase Agreement 2026-08-21 (Agreement), dated July 12, 2026 from Jemez Valley Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Mexico Finance Authority hold?

New Mexico Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View New Mexico Finance Authority's profile

What is Jemez Valley Public Schools currently buying?

Explore Jemez Valley Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Jemez Valley Public Schools's profile

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