Randolph Central School Corporation Board of School Trustees Meeting Agenda 2026-05-12
American Capital Chromebook Financing Agreement Considered
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Description
The Board will consider a financing agreement with American Capital to fund the Chromebook purchase through four annual installments of $76,639.33. Total payments would be $306,557.32, with $21,405.32 in financing costs funded from curricular materials accounts.
Contract Details
Contract Amount
Four annual installments of $76,639.33 (total $306,557.32; financing cost $21,405.32)
Vendor
AMERICAN CAPITAL
Agency
Randolph Central School Corporation, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Four annual installments
Renewal Info
Four-year fixed installment financing; no renewals indicated beyond term.
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