FINANCIAL_SERVICESDISCUSSSED

BCPS approves vehicle financing with Banc of America

Baltimore County Public Schools adopted annual Financing Resolution MWE-801-26 tied to Contract JBO-700-23 with Banc of America Public Capital Corporation to finance $10,170,416 in vehicle purchases at a 3.4707% interest rate over a fifty-month lease term. The resolution authorizes the superintendent to obligate the district for up to one year and reimburse pre-financing expenditures.

Document date · April 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,170,416 (vehicle purchase total); interest rate 3.4707% for fifty-month lease term
Contract type
FINANCIAL_SERVICES
Contract term
Fifty-month lease term; financing authorization effective up to 1 year; contract end date 4/30/2027
Renewal date
2027-04-30
Renewal
Resolution authorizes financing for up to one year and a fifty-month lease term under Contract JBO-700-23; no formal contract extensions are specified for the resolution itself.
Document type
Contract
Source document
Baltimore County Public Schools Contract MWE-801-26 Financing Resolution 2026-04-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Baltimore County Public Schools?

Banc of America Public Capital Corporation was awarded this financial services contract by Baltimore County Public Schools, as recorded on April 21, 2026. The contract value is $10,170,416 (vehicle purchase total); interest rate 3.4707% for fifty-month lease term.

How much is the Banc of America Public Capital Corporation contract with Baltimore County Public Schools worth?

The Banc of America Public Capital Corporation contract with Baltimore County Public Schools is valued at $10,170,416 (vehicle purchase total); interest rate 3.4707% for fifty-month lease term, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a contract record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Baltimore County Public Schools Contract MWE-801-26 Financing Resolution 2026-04-21 (Contract), dated April 21, 2026 from Baltimore County Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Banc of America Public Capital Corporation hold?

Banc of America Public Capital Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Banc of America Public Capital Corporation's profile

What is Baltimore County Public Schools currently buying?

Explore Baltimore County Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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