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TECHNOLOGYAMENDED

Red Oak Independent School District AgendaPacket Regular Meeting 2026-06-15

$1.43M Lease-to-Own Security System, Insight Financial Services

$1,428,041.70 (total over 5 years), $285,277.88 (annual payment)Red Oak IsdINSIGHT FINANCIAL SERVICESJune 15, 2026

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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

Red Oak ISD approved a revised 5-year lease-to-own agreement with Insight Financial Services as the leasing agent for the districtwide security camera and access control system, total $1,428,041.70.

Contract Details

Contract Amount

$1,428,041.70 (total over 5 years), $285,277.88 (annual payment)

Vendor

INSIGHT FINANCIAL SERVICES

Agency

Red Oak Isd, TX

Contract Type

TECHNOLOGY

Document Date

June 15, 2026

Contract Term

60 months (5 years) lease to own

Renewal Date

2031-06-15

Renewal Info

Originally approved April 9, 2026 for $1,113,435.00; change order adds $90,000 to total.

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