FINANCIAL_SERVICESRECOMMENDED

District Recommended Bus Lease Award to Customers Commercial

South Hunterdon Regional School District’s advisor recommends awarding a five‑year lease purchase financing for a new 54‑passenger school bus to Customers Commercial Finance, LLC at a 4.125% interest rate, totaling $162,300.88 in principal and $176,778.08 in payments. The financing is expected to fund to escrow around May 15, 2026, with annual payments through October 15, 2030.

Status
RECOMMENDED
Document date
April 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Customers Commercial Finance Llc
Agency
South Hunterdon Regional School District · NJ

Trusted by teams at

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
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
$162,300.88 principal; $176,778.08 total payments over term
Contract type
FINANCIAL_SERVICES
Contract term
Five (5) years, funding to escrow on or about May 15, 2026 with first payment October 15, 2026 and final payment October 15, 2030
Renewal date
2030-10-15
Renewal
Single five‑year lease purchase financing with no renewals or extensions described; rate is locked for 30 days from April 15, 2026 and transaction is expected to close within that window.
Document type
Report
Source document
South Hunterdon Regional School District Report Lease Purchase Quote Analysis 2026-04-15

Related contracts

Other contracts from Customers Commercial Finance Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Hunterdon Regional School District?

Customers Commercial Finance Llc was awarded this financial services contract by South Hunterdon Regional School District, as recorded on April 15, 2026. The contract value is $162,300.88 principal; $176,778.08 total payments over term.

How much is the Customers Commercial Finance Llc contract with South Hunterdon Regional School District worth?

The Customers Commercial Finance Llc contract with South Hunterdon Regional School District is valued at $162,300.88 principal; $176,778.08 total payments over term, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in South Hunterdon Regional School District Report Lease Purchase Quote Analysis 2026-04-15 (Report), dated April 15, 2026 from South Hunterdon Regional School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Customers Commercial Finance Llc hold?

Customers Commercial Finance Llc 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 Customers Commercial Finance Llc's profile

What is South Hunterdon Regional School District currently buying?

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

View South Hunterdon Regional School District's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free