CONTRACTRECOMMENDED

Bus Lease-Purchase Recommended to First American Equipment

Bedford County Public Schools
Disclosed value
Annual payments of $209,926.81 (budgeted $220,000)
From meeting minutes
Document date
Aug 6, 2020

The 30-second brief

What it covers

Staff recommended awarding the lease-purchase contract for fourteen school buses to First American Equipment Finance, the low bidder at a 1.25% rate with annual payments of $209,926.81 against a $220,000 budget. The Board was asked to approve this bus financing agreement for the 2020-2021 budget year.

Who holds it

First American Equipment Finance holds this equipment contract with Bedford County Public Schools. Its other public contracts on record include work for Camas School District and Prince George's County Public Schools.

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Contract details

Contract type
Equipment
Amount
Annual payments of $209,926.81 (budgeted $220,000)
Document date
August 6, 2020
Source document
bedford-county-public-schoolsmeeting-minutes2020-08-06_811.txt (Meeting Minutes)

First American Equipment Finance's other public contracts

More Bedford County Public Schools contracts

Questions about this contract

Who was awarded the equipment contract by Bedford County Public Schools?

First American Equipment Finance was awarded this equipment contract by Bedford County Public Schools, as recorded on August 6, 2020. The contract value is Annual payments of $209,926.81 (budgeted $220,000).

How much is the First American Equipment Finance contract with Bedford County Public Schools worth?

The First American Equipment Finance contract with Bedford County Public Schools is valued at Annual payments of $209,926.81 (budgeted $220,000), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in bedford-county-public-schoolsmeeting-minutes2020-08-06_811.txt (Meeting Minutes), dated August 6, 2020 from Bedford County Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First American Equipment Finance hold?

First American 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.

What is Bedford County Public Schools currently buying?

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

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