CONTRACTAPPROVED

City of Goshen Awards $585,977 Lease/Purchase Contract to Us Bancorp Government Leasing and Finance (July 2025)

City of Goshen logoCity of Goshen
Disclosed value
$585,977
From agenda
Approved
Jul 28, 2025
Term
5 years

The 30-second brief

What it covers

The City of Goshen approves financing through U.S. Bancorp Government Leasing and Finance, Inc. for the purchase of a combination sewer jetter rodder truck. The agreement includes an initial down payment of $120,000, five annual payments of $74,839.90 each, and an interest rate of 4.41%.

Who holds it

Us Bancorp Government Leasing and Finance holds this lease/purchase contract with City of Goshen. Its other public contracts on record include work for North Brunswick Township School District and Bethel Public Schools.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Lease/Purchase
Amount
$585,977
Document date
July 28, 2025
Term
5 years
Source document
city-of-goshen-common-council-meeting-agenda-july-28-2025_7c7.pdf (Agenda)

Us Bancorp Government Leasing and Finance's other public contracts

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Questions about this contract

Who was awarded the lease/purchase contract by City of Goshen?

Us Bancorp Government Leasing and Finance was awarded this lease/purchase contract by City of Goshen, as recorded on July 28, 2025. The contract value is $585,977.

How much is the Us Bancorp Government Leasing and Finance contract with City of Goshen worth?

The Us Bancorp Government Leasing and Finance contract with City of Goshen is valued at $585,977, covering lease/purchase work.

What type of contract is this?

This is a Lease/Purchase contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-goshen-common-council-meeting-agenda-july-28-2025_7c7.pdf (Agenda), dated July 28, 2025 from City of Goshen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Us Bancorp Government Leasing and Finance hold?

Us Bancorp Government Leasing and 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 City of Goshen currently buying?

Explore City of Goshen's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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