City to lease-purchase Volvo loader via Baystone
- Disclosed value
- $227,918.00 acquisition cost; $395.00 document fee; annual payment $50,669.12 at 5.49% for five years
- From agendapacket
- Document date
- Nov 4, 2026
- Renews
- Free account
The 30-second brief
The Rensselaer Common Council is authorizing execution of a five-year lease-purchase agreement with Baystone Government Finance to finance a new Volvo L70H loader for the Department of Public Works. Baystone’s proposal sets the acquisition cost at $227,918 plus a $395 document fee, with annual payments of $50,669.12 at a fixed 5.49% interest rate.
Baystone Government Finance holds this financial services contract with City of Rensselaer. Its other public contracts on record include work for Florence Unified School District and Berks County IU 14.
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Contract details
- Contract type
- Financial Services
- Amount
- $227,918.00 acquisition cost; $395.00 document fee; annual payment $50,669.12 at 5.49% for five years
- Document date
- November 4, 2026
- Term
- Five (5) years, first payment due at closing; proposal must be funded on or before 2026-11-06
- Renews
- On record
- Agency
- City of Rensselaer
- Source document
- City of Rensselaer AgendaPacket Common Council Meeting 2026-11-04 (AgendaPacket)
Baystone Government Finance's other public contracts
More City of Rensselaer contracts
Questions about this contract
Who was awarded the financial services contract by City of Rensselaer?
Baystone Government Finance was awarded this financial services contract by City of Rensselaer, as recorded on November 4, 2026. The contract value is $227,918.00 acquisition cost; $395.00 document fee; annual payment $50,669.12 at 5.49% for five years.
How much is the Baystone Government Finance contract with City of Rensselaer worth?
The Baystone Government Finance contract with City of Rensselaer is valued at $227,918.00 acquisition cost; $395.00 document fee; annual payment $50,669.12 at 5.49% for five years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Rensselaer AgendaPacket Common Council Meeting 2026-11-04 (AgendaPacket), dated November 4, 2026 from City of Rensselaer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Baystone Government Finance hold?
Baystone Government 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 City of Rensselaer currently buying?
Explore City of Rensselaer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.