OSU/A&M Board of Regents Meeting Agenda March 2026
OPSU Seeks Master Lease Financing for Bus Purchase
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Description
Oklahoma Panhandle State University is requesting Board approval to finance the purchase of three buses through the Oklahoma State Regents for Higher Education's 2026 Master Equipment Lease Program, with an estimated principal amount of $500,000. The purchase supports improved athletic and institutional transportation.
Contract Details
Contract Amount
Estimated $500,000 plus issuance costs
Vendor
OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION
Agency
Oklahoma State University Institute Of Technology, OK
Contract Type
EQUIPMENT
Document Date
March 6, 2026
Contract Term
2026 Master Equipment Lease Program (expected 7-year term)
Renewal Info
Lease structured as 7-year term; reimbursement and renewal per OSRHE guidelines.
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APPROVEDIssuing Agency
Oklahoma State University Institute Of Technology
Higher Ed
Okmulgee, OK
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OSU/A&M Board of Regents Meeting Agenda March 2026
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OSU/A&M Board of Regents Meeting Agenda March 2026
OSU/A&M Board of Regents Meeting Agenda March 2026
OSU/A&M Board of Regents Meeting Agenda March 2026
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