Chadwick-Milledgeville CUSD #399 Board Meeting Minutes November 2025
Midwest Transit Awarded Five-Year School Bus Lease Contract
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Description
The Board approved a five-year lease purchase agreement with Midwest Transit for two new full size school buses, totaling $151,585 per bus, with annual payments of $33,043 and a trade-in value of $50,000 per old bus. Midwest Transit was selected as the low bidder.
Contract Details
Contract Amount
$151,585 per bus; $33,043 per year (5 years); $50,000 per bus in trade
Vendor
MIDWEST TRANSIT
Agency
Chadwick-Milledgeville CUSD 399, IL
Contract Type
TRANSPORTATION
Document Date
November 17, 2025
Contract Term
Five-year lease purchase
Renewal Date
2030-11-17
Renewal Info
No auto-renewal or extension terms specified; purchase runs 5 years.
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chadwick_milledgeville_cusd_399_board_of_education.pdf
chadwick_milledgeville_cusd_399_board_of_education.pdf
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