City of Hyattsville Awards $551,994 Lease Financing Contract to Bancorp Jefferson Leasing (February 2025)
City of HyattsvilleCity · Hyattsville, MD- Disclosed value
- $551,994
- From agenda
- Approved
- Feb 18, 2025
- Term
- 3 years
The 30-second brief
Council authorized the city Administrator and Treasurer to accept the lease financing proposal from Bancorp-Jefferson Leasing and secure a lease finance agreement to provide $526,000 in lease financing at 3% interest for 3 years in an amount not to exceed of $551,994
Bancorp Jefferson Leasing holds this lease financing contract with City of Hyattsville.
Term as filed: 3 years.
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Contract details
- Contract type
- Lease Financing
- Amount
- $551,994
- Document date
- February 18, 2025
- Term
- 3 years
- Agency
- City of Hyattsville
- Source document
- hyattsville_city_council_regular_meeting_agenda_fe.pdf (Agenda)
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Questions about this contract
Who was awarded the lease financing contract by City of Hyattsville?
Bancorp Jefferson Leasing was awarded this lease financing contract by City of Hyattsville, as recorded on February 18, 2025. The contract value is $551,994.
How much is the Bancorp Jefferson Leasing contract with City of Hyattsville worth?
The Bancorp Jefferson Leasing contract with City of Hyattsville is valued at $551,994, covering lease financing work.
What type of contract is this?
This is a Lease Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in hyattsville_city_council_regular_meeting_agenda_fe.pdf (Agenda), dated February 18, 2025 from City of Hyattsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bancorp Jefferson Leasing hold?
Bancorp Jefferson Leasing 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 Hyattsville currently buying?
Explore City of Hyattsville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.