CONTRACTRECOMMENDED

MSAD 75 Considers Bus Lease With MCB Leasing

School Administrative District 75 logoSchool Administrative District 75
Disclosed value
Principal amount up to $584,200.00 at 4.75% interest
From agenda
Document date
Jan 22, 2026
Term
Period not to exceed 5 years

The 30-second brief

What it covers

MSAD 75 is considering authorizing a lease-purchase agreement with MCB Leasing, LLC to finance four new school buses in a principal amount up to $584,200 at 4.75% interest over a term not to exceed five years. The Superintendent and Business Manager would be empowered to execute the 2026 Bus Lease Purchase Agreement and related documents.

Who holds it

Mcb Leasing LLC holds this transportation contract with School Administrative District 75. Its other public contracts on record include work for Town of Bridgton and School Administrative District 06.

What happens next

Term as filed: Period not to exceed 5 years.

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Contract details

Contract type
Transportation
Amount
Principal amount up to $584,200.00 at 4.75% interest
Document date
January 22, 2026
Term
Period not to exceed 5 years
Source document
MSAD 75 Board of Directors Meeting Agenda January 2026 (Agenda)

Mcb Leasing LLC's other public contracts

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Questions about this contract

Who was awarded the transportation contract by School Administrative District 75?

Mcb Leasing LLC was awarded this transportation contract by School Administrative District 75, as recorded on January 22, 2026. The contract value is Principal amount up to $584,200.00 at 4.75% interest.

How much is the Mcb Leasing LLC contract with School Administrative District 75 worth?

The Mcb Leasing LLC contract with School Administrative District 75 is valued at Principal amount up to $584,200.00 at 4.75% interest, covering transportation work.

What type of contract is this?

This is a Transportation contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in MSAD 75 Board of Directors Meeting Agenda January 2026 (Agenda), dated January 22, 2026 from School Administrative District 75. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mcb Leasing LLC hold?

Mcb Leasing LLC 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 School Administrative District 75 currently buying?

Explore School Administrative District 75's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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