FINANCIAL_SERVICESRECOMMENDED

Three-year Chromebook lease proposed with Providence Capital

The district seeks approval of a three-year leasing agreement with Providence Capital to finance 2,000 elementary student Chromebooks and tablets. The lease will cost $307,823.00 annually, totaling $923,469.00, funded from the Technology budget.

Status
RECOMMENDED
Document date
April 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Providence Capital
Agency
Elmwood Park CUSD 401 · IL

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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
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
Annual cost of $307,823.00 for three years (total $923,469.00)
Contract type
FINANCIAL_SERVICES
Contract term
Three-year lease term
Renewal
Initial three-year lease term with no renewal terms specified in the proposal.
Document type
Proposal
Source document
School District Proposal for the Replacement of Elementary Student Chromebooks 2026-04-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Elmwood Park CUSD 401?

Providence Capital was awarded this financial services contract by Elmwood Park CUSD 401, as recorded on April 15, 2026. The contract value is Annual cost of $307,823.00 for three years (total $923,469.00).

How much is the Providence Capital contract with Elmwood Park CUSD 401 worth?

The Providence Capital contract with Elmwood Park CUSD 401 is valued at Annual cost of $307,823.00 for three years (total $923,469.00), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in School District Proposal for the Replacement of Elementary Student Chromebooks 2026-04-15 (Proposal), dated April 15, 2026 from Elmwood Park CUSD 401. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Providence Capital hold?

Providence 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.

View Providence Capital's profile

What is Elmwood Park CUSD 401 currently buying?

Explore Elmwood Park CUSD 401's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Elmwood Park CUSD 401's profile

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