CONTRACTRECOMMENDED

City Authorizes Lease-Purchase with Clayton Holdings

City of Lansing logoCity of Lansing
Disclosed value
Not to exceed $592,645.46 principal under lease-purchase
From agendapacket
Document date
Apr 2, 2026
Term
Up to 4 years
Renews
Free account

The 30-second brief

What it covers

Lansing plans to enter a lease-purchase agreement with Clayton Holdings, LLC to finance up to $592,645.46 for the new sewer jet/vac truck. The resolution caps the term at four years and the interest rate at 4.11%.

Who holds it

Clayton Holdings LLC holds this financial services contract with City of Lansing. Its other public contracts on record include work for City of Memphis and Riley County.

What happens next

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

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Contract details

Contract type
Financial Services
Amount
Not to exceed $592,645.46 principal under lease-purchase
Document date
April 2, 2026
Term
Up to 4 years
Renews
Free account
Source document
City of Lansing Agenda Packet 2026-04-02 (AgendaPacket)

Clayton Holdings LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Lansing?

Clayton Holdings LLC was awarded this financial services contract by City of Lansing, as recorded on April 2, 2026. The contract value is Not to exceed $592,645.46 principal under lease-purchase.

How much is the Clayton Holdings LLC contract with City of Lansing worth?

The Clayton Holdings LLC contract with City of Lansing is valued at Not to exceed $592,645.46 principal under lease-purchase, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lansing Agenda Packet 2026-04-02 (AgendaPacket), dated April 2, 2026 from City of Lansing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Clayton Holdings LLC hold?

Clayton Holdings LLC 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 Lansing currently buying?

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

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