FINANCIAL_SERVICESAMENDED

Lease Financing for Security Systems Amended With Insight

The Board approved an amendment to the five-year lease with Insight Financial Services for funding Verkada security systems provided by Tessera, raising the total value to $1,428,041.70.

Status
AMENDED
Document date
June 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Insight Financial Services
Agency
Red Oak Independent School District · TX

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TerraCycle logo
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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
$1,428,041.70 over 60 months (annual payment $285,277.88)
Contract type
FINANCIAL_SERVICES
Contract term
60 months
Renewal date
2031-04-09
Renewal
Lease-to-own financing amended to cover additional $90,000 in equipment and installation; term remains 60 months.
Document type
StaffReport
Source document
Board of Trustees Staff Report Verkada Safety and Security Lease 2026-06-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Red Oak Independent School District?

Insight Financial Services was awarded this financial services contract by Red Oak Independent School District, as recorded on June 10, 2026. The contract value is $1,428,041.70 over 60 months (annual payment $285,277.88).

How much is the Insight Financial Services contract with Red Oak Independent School District worth?

The Insight Financial Services contract with Red Oak Independent School District is valued at $1,428,041.70 over 60 months (annual payment $285,277.88), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Board of Trustees Staff Report Verkada Safety and Security Lease 2026-06-10 (StaffReport), dated June 10, 2026 from Red Oak Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Insight Financial Services hold?

Insight Financial Services 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 Insight Financial Services's profile

What is Red Oak Independent School District currently buying?

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

View Red Oak Independent School District's profile

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