Lease Plan for 42 Electric Vans with Model 1
California Vanpool Authority (Calvans)Special District · Hanford, CA- Disclosed value
- $3.115 million (vehicle purchase) plus $1,200 per vehicle per month lease for 42 vehicles
- From agendapacket
- Document date
- May 14, 2026
The 30-second brief
CalVans is considering approval of a lease agreement with Model 1 to place 42 electric vans for the AHSC Central Terrace project into service. The arrangement converts an unpaid purchase balance into a $1,200-per-vehicle monthly lease with payments applied to principal until the approximately $3.115 million cost is satisfied.
Model 1 holds this equipment contract with California Vanpool Authority (Calvans). Its other public contracts on record include work for Grant County and City of Moore.
Term as filed: Lease at $1,200 per vehicle per month until principal is paid or lease end date; master lease terms per Model 1 Master Lease Agreement and Lease Schedules.
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Contract details
- Contract type
- Equipment
- Amount
- $3.115 million (vehicle purchase) plus $1,200 per vehicle per month lease for 42 vehicles
- Document date
- May 14, 2026
- Term
- Lease at $1,200 per vehicle per month until principal is paid or lease end date; master lease terms per Model 1 Master Lease Agreement and Lease Schedules
- Vendor
- Model 1
- Source document
- California Vanpool Authority Board of Directors Meeting Agenda May 2026 (AgendaPacket)
Model 1's other public contracts
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Questions about this contract
Who was awarded the equipment contract by California Vanpool Authority (Calvans)?
Model 1 was awarded this equipment contract by California Vanpool Authority (Calvans), as recorded on May 14, 2026. The contract value is $3.115 million (vehicle purchase) plus $1,200 per vehicle per month lease for 42 vehicles.
How much is the Model 1 contract with California Vanpool Authority (Calvans) worth?
The Model 1 contract with California Vanpool Authority (Calvans) is valued at $3.115 million (vehicle purchase) plus $1,200 per vehicle per month lease for 42 vehicles, covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in California Vanpool Authority Board of Directors Meeting Agenda May 2026 (AgendaPacket), dated May 14, 2026 from California Vanpool Authority (Calvans). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Model 1 hold?
Model 1 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 California Vanpool Authority (Calvans) currently buying?
Explore California Vanpool Authority (Calvans)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.