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Ottawa Considering Lease Purchase Agreement for Equipment

Town of South Ottawa logoTown of South Ottawa
Document date
Aug 1, 2023

The 30-second brief

What it covers

City of Ottawa is considering a municipal lease purchase agreement with Midland Equipment Finance to acquire necessary equipment. This agreement allows the city to obtain equipment through a lease with the option to purchase it at the end of the lease term, providing financial flexibility.

Who holds it

Midland Equipment Finance holds this lease purchase agreement contract with Town of South Ottawa. Its other public contracts on record include work for Town of Deer Isle and Town of Ottawa.

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Contract details

Contract type
Lease Purchase Agreement
Document date
August 1, 2023
Term
NA
Vendor
Midland Equipment Finance
Agency
Town of South Ottawa
Source document
town-of-south-ottawaagenda2023-08-01_194.pdf (Agenda)

Midland Equipment Finance's other public contracts

Town of Deer Isle, MaineTown Nears Completion on Backhoe Lease with Midland Equipment Finance · Feb 7, 2024Town of Deer Isle, MaineEquipment Lease for Backhoe Nearing Completion with Midland Equipment Finance · Dec 31, 2023Town of Ottawa, Illinoistown-name-agenda-2023-08-01-pdf_58f.pdf · Aug 1, 2023UndisclosedTown of Ottawa, Illinoistown-name-agenda-2023-07-18-pdf_4ad.pdf · Jul 18, 2023UndisclosedTown of South Ottawa, IllinoisMunicipal lease purchase agreement authorized · Jul 18, 2023UndisclosedAll Midland Equipment Finance contractsVendor profile

More Town of South Ottawa contracts

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Questions about this contract

Who was awarded the lease purchase agreement contract by Town of South Ottawa?

Midland Equipment Finance was awarded this lease purchase agreement contract by Town of South Ottawa, as recorded on August 1, 2023.

What type of contract is this?

This is a Lease Purchase Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-south-ottawaagenda2023-08-01_194.pdf (Agenda), dated August 1, 2023 from Town of South Ottawa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Midland Equipment Finance hold?

Midland Equipment Finance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of South Ottawa currently buying?

Explore Town of South Ottawa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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