OPSU Approved for $500K OSRHE Bus Lease Financing
Trusted by teams at
Description
The board approved Oklahoma Panhandle State University's participation in the OSRHE 2026 Master Equipment Lease Program to finance the purchase of buses, estimated at $500,000. The program aggregates equipment purchases for state colleges to lower borrowing costs.
Contract Details
Contract Amount
Estimated $500,000 plus issuance costs
Vendor
OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION
Agency
Langston University, OK
Contract Type
EQUIPMENT
Document Date
March 6, 2026
Contract Term
Master Lease, up to 7 years, starting 2026
Renewal Date
2033-06-30
Renewal Info
Master lease is typically a 7-year term with options to add future leases in subsequent years' programs. Renewal and reimbursement structured by OSRHE guidelines.
More from OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION
More from Langston University
OSU/A&M Board of Regents Meeting Agenda March 2026
OSU/A&M Board of Regents Meeting Agenda March 2026
OSU/A&M Board of Regents Meeting Agenda March 2026
OSU A&M Board of Regents Regular Meeting Agenda January 2026
OSU A&M Board of Regents Regular Meeting Agenda January 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.