CONTRACTRECOMMENDED

Bus Lease-Purchase Financing Bid Recommended

Bedford County Public Schools
Disclosed value
$209,926.81 annually (budgeted at $220,000)
From agenda
Document date
Aug 6, 2020

The 30-second brief

What it covers

Staff recommends awarding the school bus lease-purchase financing to First American Equipment Finance at a 1.25% rate, with annual payments of $209,926.81 for fourteen buses. The contract will utilize the School Board’s 2020-2021 budgeted amount of $220,000 for bus acquisition.

Who holds it

First American Equipment Finance holds this financial services contract with Bedford County Public Schools. Its other public contracts on record include work for Prince George's County Public Schools and Town of Clover.

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Contract details

Contract type
Financial Services
Amount
$209,926.81 annually (budgeted at $220,000)
Document date
August 6, 2020
Source document
Town of Bedford Regular Meeting Agenda August 2020 (Agenda)

First American Equipment Finance's other public contracts

More Bedford County Public Schools contracts

Questions about this contract

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

First American Equipment Finance was awarded this financial services contract by Bedford County Public Schools, as recorded on August 6, 2020. The contract value is $209,926.81 annually (budgeted at $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 $209,926.81 annually (budgeted at $220,000), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Bedford Regular Meeting Agenda August 2020 (Agenda), 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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