CONTRACTAPPROVED

Merrimack Valley School District Awards $358,700 Lease Purchase Contract to Santander Bank (February 2022)

Merrimack Valley School District logoMerrimack Valley School District
Disclosed value
$358,700.00
From resolution
Approved
Feb 14, 2022
Term
3 years

The 30-second brief

What it covers

Merrimack Valley School District approves lease purchase of four new school buses for $358,700 with Santander Bank, N.A., at 1.880% interest rate, repayable in three annual installments.

Who holds it

Santander Bank holds this lease purchase contract with Merrimack Valley School District. Its other public contracts on record include work for Buckeye Valley Local Schools and City of Seat Pleasant.

What happens next

Term as filed: 3 years.

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Contract details

Contract type
Lease Purchase
Amount
$358,700.00
Document date
February 14, 2022
Term
3 years
Source document
merrimack-valley-sd-resolution-to-authorize-lease-purchase-school-buses_f76.pdf (Resolution)

Santander Bank's other public contracts

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Questions about this contract

Who was awarded the lease purchase contract by Merrimack Valley School District?

Santander Bank was awarded this lease purchase contract by Merrimack Valley School District, as recorded on February 14, 2022. The contract value is $358,700.00.

How much is the Santander Bank contract with Merrimack Valley School District worth?

The Santander Bank contract with Merrimack Valley School District is valued at $358,700.00, covering lease purchase work.

What type of contract is this?

This is a Lease Purchase contract, documented as a resolution record.

Where was this contract approved?

This contract appears in merrimack-valley-sd-resolution-to-authorize-lease-purchase-school-buses_f76.pdf (Resolution), dated February 14, 2022 from Merrimack Valley School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Santander Bank hold?

Santander Bank 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 Merrimack Valley School District currently buying?

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

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