Loudoun County Public Schools Agenda Finance & Operations Committee Meeting 2026-06-02
TD Equipment Finance Selected for LCPS Lease-Purchase Deal
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Description
LCPS intends to award RFP #R26032 to TD Equipment Finance, Inc for lease/purchase financing of vehicles and technology equipment up to $10,000,000 from July 1, 2026 through August 30, 2030 at a 3.85% interest rate. The agreement includes a lease with option to purchase, pending legal review and School Board resolution approval.
Contract Details
Contract Amount
Not to exceed $10,000,000
Vendor
TD EQUIPMENT FINANCE INC
Agency
Loudoun County Public Schools, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
July 1, 2026 through August 30, 2030
Renewal Date
2030-08-30
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