FINANCIAL_SERVICESAPPROVED

Carmel Central School District Awards Financial Services Contract to Cn Financing Inc (August 2026)

Carmel Central School District entered into Master Lease/Purchase Agreement No. 20260534 with CN Financing, Inc. to finance six 2027 Thomas 66-passenger school buses for a total principal amount of $1,147,389.18 at 4.233% interest. The lease-purchase runs from August 1, 2026 through August 1, 2031 under Equipment Schedule No. 01, with annual payments and title vesting in the District subject to the lessor’s lien.

Document date · August 7, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,147,389.18 principal; six payments of $207,631.55 (2026–2030) and $234,000.00 (2031) at 4.233% interest
Contract type
FINANCIAL_SERVICES
Contract term
August 1, 2026 – August 1, 2031 (Equipment Schedule No. 01)
Renewal date
2031-08-01
Renewal
Fixed-term lease-purchase with six scheduled annual payments; prepayment is permitted at specified prepayment prices according to the payment schedule. Nonappropriation in any fiscal year terminates future payment obligations and requires return of the equipment.
Document type
Contract
Source document
Carmel Central School District Master Lease/Purchase Agreement 2026-08-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Carmel Central School District?

Cn Financing Inc was awarded this financial services contract by Carmel Central School District, as recorded on August 7, 2026. The contract value is $1,147,389.18 principal; six payments of $207,631.55 (2026–2030) and $234,000.00 (2031) at 4.233% interest.

How much is the Cn Financing Inc contract with Carmel Central School District worth?

The Cn Financing Inc contract with Carmel Central School District is valued at $1,147,389.18 principal; six payments of $207,631.55 (2026–2030) and $234,000.00 (2031) at 4.233% interest, 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 Carmel Central School District Master Lease/Purchase Agreement 2026-08-07 (Contract), dated August 7, 2026 from Carmel Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cn Financing Inc hold?

Cn Financing Inc 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 Cn Financing Inc's profile

What is Carmel Central School District currently buying?

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