Essex North Shore Agricultural and Technical School District School Committee Meeting Agenda April 2026
Five-Year Bus Lease Recommended with First American
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Description
The Finance Subcommittee recommends a five-year lease purchase agreement with First American Equipment Finance to provide two 2026 77-passenger diesel buses at an annual cost of $64,263.29. The arrangement will support the district’s student transportation needs through a multi-year financing structure.
Contract Details
Contract Amount
$64,263.29 annually
Vendor
FIRST AMERICAN EQUIPMENT FINANCE
Agency
Essex North Shore Agricultural and Technical School District, MA
Contract Type
EQUIPMENT
Document Date
April 9, 2026
Contract Term
5-year lease purchase agreement
Renewal Info
Initial five-year lease purchase term; future renewal or replacement after lease end not specified.
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PENDINGIssuing Agency
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School
Hathorne, MA
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