FINANCIAL_SERVICESAPPROVED

Demarest School District Awards Financial Services Contract to American Capital (June 2026)

The Board authorized the fourth-year payment of $73,153.38 under a four-year, $292,613.52 lease with American Capital, financed through US Bancorp, for student Chromebooks.

Status
APPROVED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American Capital
Agency
Demarest School District · NJ

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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
Total $292,613.52 over four years; $73,153.38 annual payment (fourth-year payment)
Contract type
FINANCIAL_SERVICES
Contract term
Four-year buyout; this motion covers year four
Renewal
This is the final year of a four-year buyout; lease will conclude after year four unless renewed or extended under a new agreement.
Document type
Agenda
Source document
Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Demarest School District?

American Capital was awarded this financial services contract by Demarest School District, as recorded on June 16, 2026. The contract value is Total $292,613.52 over four years; $73,153.38 annual payment (fourth-year payment).

How much is the American Capital contract with Demarest School District worth?

The American Capital contract with Demarest School District is valued at Total $292,613.52 over four years; $73,153.38 annual payment (fourth-year payment), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16 (Agenda), dated June 16, 2026 from Demarest School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Capital hold?

American Capital 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 American Capital's profile

What is Demarest School District currently buying?

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

View Demarest School District's profile

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