FINANCIAL_SERVICESAPPROVED

Clarkstown Central School District Awards Financial Services Contract to Santander Bank Na (August 2026)

Clarkstown Central School District entered into a municipal lease agreement with Santander Bank, N.A. to finance seven IC CE 66-passenger school buses with principal of about $1.17 million and total lease payments of approximately $1.32 million. The lease runs from 2026 through June 30, 2031 at a 5% nominal annual rate, with title to the buses transferring to the district at the end of the term.

Status
APPROVED
Document date
August 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Santander Bank Na
Agency
Clarkstown Central School District · NY

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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
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,174,325.64 principal; total lease payments $1,323,100.00
Contract type
FINANCIAL_SERVICES
Contract term
From delivery/9/10/2026 financing through final payment due 06/30/2031 (approximately 5 years)
Renewal date
2031-06-30
Renewal
Lease includes an option for the lessee to acquire legal title at lease renewal or on the last payment date; non-appropriation clause restricts acquiring similar vehicles or services for one year after termination for non-appropriation.
Document type
Agreement
Source document
Clarkstown Central School District Municipal Lease Agreement 2026-09-10

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Santander Bank Na was awarded this financial services contract by Clarkstown Central School District, as recorded on August 30, 2026. The contract value is $1,174,325.64 principal; total lease payments $1,323,100.00.

How much is the Santander Bank Na contract with Clarkstown Central School District worth?

The Santander Bank Na contract with Clarkstown Central School District is valued at $1,174,325.64 principal; total lease payments $1,323,100.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Clarkstown Central School District Municipal Lease Agreement 2026-09-10 (Agreement), dated August 30, 2026 from Clarkstown Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Santander Bank Na hold?

Santander Bank Na 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 Santander Bank Na's profile

What is Clarkstown Central School District currently buying?

Explore Clarkstown Central School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Clarkstown Central School District's profile

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