Civic IQ
CONTRACTAPPROVED
Get alerts

St. Mary's County Awards $900,000 Financial Services Contract to First American Equipment Finance (October 2025)

St. Mary's County logoSt. Mary's County
Disclosed value
$900,000
From agenda
Approved
Oct 28, 2025
Renews
Free account

The 30-second brief

What it covers

St. Mary’s County Commissioners approved a 5-year, $900,000 equipment financing agreement with First American Equipment Finance at an interest rate of 3.717%. Annual payments of about $196,668 will begin in April 2026 and the financing will not count against the County’s bond authority.

Who holds it

First American Equipment Finance holds this financial services contract with St. Mary's County. Its other public contracts on record include work for Prince George's County Public Schools and Town of Clover.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every St. Mary's County contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$900,000
Document date
October 28, 2025
Term
5-year financing agreement; first of five annual payments due April 2026
Renews
Free account
Vendor
First American Equipment Finance
Agency
St. Mary's County
Source document
St. Mary's County Commissioners Meeting Agenda Oct 2025 (Agenda)

First American Equipment Finance's other public contracts

Prince George's County Public Schools, MarylandFirst American Equipment Finance Considered for RFP · Oct 8, 2026UndisclosedTown of Clover, South CarolinaFirst American Financing Proposal Not Selected · Aug 25, 2026South Hunterdon Regional School District, New JerseyDistrict Makes Equipment Finance Installment Payment · Aug 24, 2026$32.2KSpringfield School District 19, OregonDistrict Weighs Lease Financing with First American · Jul 6, 2026Lehigh Carbon Community College, PennsylvaniaLCCC approves tech equipment lease with First American · Jul 2, 2026All First American Equipment Finance contractsVendor profile

More St. Mary's County contracts

Tri-county CouncilTri-County Council listed as FY2026 operator · Jul 21, 2026UndisclosedAUDUBONAudubon identified as potential bird program partner · Jul 21, 2026UndisclosedSt. Mary’s County Health Department: Nurse-family Partnership Program (Nfp)Nurse-Family Partnership Program Funded for FY26 · Jul 21, 2026UndisclosedMartz Gold LineMartz Gold Line included as FY2026 operator · Jul 21, 2026UndisclosedMass Inc - Martin's ShuttleMASS INC Martin’s Shuttle on FY2026 list · Jul 21, 2026UndisclosedAll St. Mary's County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by St. Mary's County?

First American Equipment Finance was awarded this financial services contract by St. Mary's County, as recorded on October 28, 2025. The contract value is $900,000.

How much is the First American Equipment Finance contract with St. Mary's County worth?

The First American Equipment Finance contract with St. Mary's County is valued at $900,000, 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 St. Mary's County Commissioners Meeting Agenda Oct 2025 (Agenda), dated October 28, 2025 from St. Mary's County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does First American Equipment Finance hold?

First American Equipment Finance 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 St. Mary's County currently buying?

Explore St. Mary's County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More St. Mary's County contracts →Browse all agencies in Maryland →