Bank of America Proposes $4M Lease for Schools
Fredericksburg City Public SchoolsSchool · Fredericksburg, VA- Disclosed value
- $4,079,850
- From proposal
- Document date
- Mar 21, 2022
- Term
- 11 years
The 30-second brief
Bank of America proposes a tax-exempt lease/purchase agreement for Fredericksburg City Public Schools, Virginia, to finance energy efficiency improvements. The estimated project cost is $4,079,850 with an indicative interest rate of 2.645%. The lease term is 11 years, with repayments subject to annual appropriation of funds.
Bank of America Corporation holds this lease/purchase agreement contract with Fredericksburg City Public Schools. Its other public contracts on record include work for Lauderdale Isles Water Management District and City of Fort Lauderdale.
Term as filed: 11 years.
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Contract details
- Contract type
- Lease/Purchase Agreement
- Amount
- $4,079,850
- Document date
- March 21, 2022
- Term
- 11 years
- Source document
- fredericksburg-city-public-schools-proposal-2022-03-21_134.pdf (Proposal)
Bank of America Corporation's other public contracts
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Questions about this contract
Who was awarded the lease/purchase agreement contract by Fredericksburg City Public Schools?
Bank of America Corporation was awarded this lease/purchase agreement contract by Fredericksburg City Public Schools, as recorded on March 21, 2022. The contract value is $4,079,850.
How much is the Bank of America Corporation contract with Fredericksburg City Public Schools worth?
The Bank of America Corporation contract with Fredericksburg City Public Schools is valued at $4,079,850, covering lease/purchase agreement work.
What type of contract is this?
This is a Lease/Purchase Agreement contract, documented as a proposal record.
Where was this contract approved?
This contract appears in fredericksburg-city-public-schools-proposal-2022-03-21_134.pdf (Proposal), dated March 21, 2022 from Fredericksburg City Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America Corporation hold?
Bank of America Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Fredericksburg City Public Schools currently buying?
Explore Fredericksburg City Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.