FINANCIAL_SERVICESPENDING

Chromebook financing lease with Providence Capital Network

The City of Methuen is considering Contract C-27-12 with Providence Capital Network to finance 1,045 Education Edition Chromebooks and licenses through a 48‑month tax-exempt lease purchase. The agreement features annual payments of $124,358 at 4.98% interest with a $1.00 buyout option.

Document date · August 10, 2026

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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
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Annual Payment: $124,358
Contract type
FINANCIAL_SERVICES
Contract term
Lease Term: 48 months
Renewal
48-month tax-exempt lease purchase with $1.00 buyout at end of term; no explicit renewal options stated.
Document type
Agenda
Source document
Methuen City Council Agenda 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Providence Capital Network was awarded this financial services contract by City of Methuen, as recorded on August 10, 2026. The contract value is Annual Payment: $124,358.

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

The Providence Capital Network contract with City of Methuen is valued at Annual Payment: $124,358, 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 Methuen City Council Agenda 2026-08-10 (Agenda), dated August 10, 2026 from City of Methuen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Providence Capital Network hold?

Providence Capital Network 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 Providence Capital Network's 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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