Bus Fleet Lease Purchase Recommended with Mid-State Truck Service

Scope & details

The full contract record, as filed.

Contract amount

$1,138,357.50

Contract type

TRANSPORTATION

Contract term

Six-year lease purchase, annual payments about $220,470; buses expected delivery July or August 2024

Renewal

Lease-purchase agreement runs for six years, after which the district owns the vehicles and can use them as trade-ins on future purchases; interest rate expected around 6.03% but may adjust before final contract signing.

Document type

Agenda

Source document

stevens_point_area_public_school_district_board_me.pdf

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APPROVED

Stevens Point Area School District, Wisconsin$1,138,357.50, to be paid by lease over a six-year period in annual payments of about $220,470 per yearOct 9, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the transportation contract by Stevens Point Area School District?

Mid-state Truck Service was awarded this transportation contract by Stevens Point Area School District, as recorded on November 10, 2025. The contract value is $1,138,357.50.

How much is the Mid-state Truck Service contract with Stevens Point Area School District worth?

The Mid-state Truck Service contract with Stevens Point Area School District is valued at $1,138,357.50, covering transportation work.

What type of contract is this?

This is a Transportation contract, documented as a agenda record.

Where was this contract approved?

This contract appears in stevens_point_area_public_school_district_board_me.pdf (Agenda), dated November 10, 2025 from Stevens Point Area School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mid-state Truck Service hold?

Mid-state Truck Service 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 Mid-state Truck Service's profile

What is Stevens Point Area School District currently buying?

Explore Stevens Point Area School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Stevens Point Area School District's profile

Scope & details

Related contracts

Frequently asked questions

Who was awarded the transportation contract by Stevens Point Area School District?

How much is the Mid-state Truck Service contract with Stevens Point Area School District worth?

What type of contract is this?

Where was this contract approved?

What other contracts does Mid-state Truck Service hold?

What is Stevens Point Area School District currently buying?

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