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City of Methuen Awards Technology Contract to Shi Capital (June 2025)

City of Methuen logoCity of Methuen
Disclosed value
$122,281.78 Annually at 5.72% Interest – Lease Term of 48 Months
From agenda
Approved
Jun 25, 2025
Term
48 months
Renews
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The 30-second brief

What it covers

Methuen City Council approved a 48-month technology lease with SHI Capital for 1,090 Chromebooks and licenses, costing $122,281.78 per year at 5.72% interest.

Who holds it

Shi Capital holds this technology contract with City of Methuen. Its other public contracts on record include work for City of Lubbock Vector Control.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Methuen contract.

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Contract details

Contract type
Technology
Amount
$122,281.78 Annually at 5.72% Interest – Lease Term of 48 Months
Document date
June 25, 2025
Term
48 months
Renews
Free account
Vendor
Shi Capital
Agency
City of Methuen
Source document
methuen_city_council_special_meeting_agenda_june_2.pdf (Agenda)

Shi Capital's other public contracts

City of Lubbock Vector Control, TexasLubbock Plans Five-Year SHI Network Equipment Lease · Sep 20, 2026UndisclosedCity of Methuen, MassachusettsFinancing of chromebooks and licenses · Jun 25, 2025$122.3KCity of Methuen, MassachusettsFinancing for Chromebooks and Licenses · Jun 25, 2025City of Methuen, MassachusettsCouncil to consider SHI Chromebook financing lease · Jun 25, 2025City of Methuen, MassachusettsSHI Capital finances Chromebooks for $122K annually · Jun 23, 2025$122.3KAll Shi Capital contractsVendor profile

More City of Methuen contracts

Eplus Technology IncVirus Protection Contract Proposed With EPlus Technology · Oct 5, 2026$34.3K978 Solar Development LLCNet Metering Agreement Proposed With 978 Solar Development · Oct 5, 2026UndisclosedEnergy Source LLCSchool Energy Upgrade Project Proposed with Energy Source · Oct 5, 2026978 Solar Development LLCNet Metering Agreement Proposed with 978 Solar Development · Oct 5, 2026UndisclosedEnergy Source LLCTimony Grammar School Energy Upgrade Contract Proposed · Oct 5, 2026All City of Methuen activityAgency profile

Questions about this contract

Who was awarded the technology contract by City of Methuen?

Shi Capital was awarded this technology contract by City of Methuen, as recorded on June 25, 2025. The contract value is $122,281.78 Annually at 5.72% Interest – Lease Term of 48 Months.

How much is the Shi Capital contract with City of Methuen worth?

The Shi Capital contract with City of Methuen is valued at $122,281.78 Annually at 5.72% Interest – Lease Term of 48 Months, covering technology work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in methuen_city_council_special_meeting_agenda_june_2.pdf (Agenda), dated June 25, 2025 from City of Methuen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shi Capital hold?

Shi Capital 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 City of Methuen currently buying?

Explore City of Methuen's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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