Civic IQ
CONTRACTAPPROVED
Get alerts

City of Methuen Awards $122,282 Financing Contract to Shi Capital (June 2025)

City of Methuen logoCity of Methuen
Disclosed value
$122,281.78
From minutes
Approved
Jun 23, 2025
Term
48 Months

The 30-second brief

What it covers

SHI Capital awarded contract for financing 1,090 Education Edition Chromebooks and Licenses at $122,281.78 annually at 5.72% interest over a 48-month lease term, funded via the MPS Hardware Lease Account.

Who holds it

Shi Capital holds this financing contract with City of Methuen. Its other public contracts on record include work for City of Lubbock Vector Control.

What happens next

Term as filed: 48 Months.

See who signed off on this $122.3K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financing
Amount
$122,281.78
Document date
June 23, 2025
Term
48 Months
Vendor
Shi Capital
Agency
City of Methuen
Source document
methuen_city_council_special_meeting_minutes_june.pdf (Minutes)

Shi Capital's other public contracts

City of Lubbock Vector Control, TexasLubbock Plans Five-Year SHI Network Equipment Lease · Sep 20, 2026UndisclosedCity of Methuen, MassachusettsFinancing of chromebooks and licenses · Jun 25, 2025$122.3KCity of Methuen, MassachusettsFinancing for Chromebooks and Licenses · Jun 25, 2025City of Methuen, MassachusettsSHI Capital Chromebook Lease Approved for Methuen Schools · Jun 25, 2025City of Methuen, MassachusettsCouncil to consider SHI Chromebook financing lease · Jun 25, 2025All Shi Capital contractsVendor profile

More City of Methuen contracts

Eplus Technology IncVirus Protection Contract Proposed with EPlus Technology · Oct 5, 2026$34.3KEnergy Source LLCSchool Energy Upgrade Project Proposed with Energy Source · Oct 5, 2026Mayer Tree Service IncBrush Removal Contract Proposed for Methuen Transfer Station · Oct 5, 2026Energy Source LLCTimony Grammar School Energy Upgrade Contract Proposed · Oct 5, 2026978 Solar Development LLCNet Metering Agreement Proposed With 978 Solar Development · Oct 5, 2026UndisclosedAll City of Methuen activityAgency profile

Questions about this contract

Who was awarded the financing contract by City of Methuen?

Shi Capital was awarded this financing contract by City of Methuen, as recorded on June 23, 2025. The contract value is $122,281.78.

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

The Shi Capital contract with City of Methuen is valued at $122,281.78, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in methuen_city_council_special_meeting_minutes_june.pdf (Minutes), dated June 23, 2025 from City of Methuen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Shi Capital hold?

Shi Capital 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 Methuen currently buying?

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

Work in government? Get Civic IQ free →
More City of Methuen contracts →Browse all agencies in Massachusetts →