CONTRACTAPPROVED

City of Chelsea Awards $3,615,699 Equipment Lease/Purchase Contract to Banc of America Public Capital Corp (June 2023)

City of Chelsea logoCity of Chelsea
Disclosed value
$3,615,699.00
From meeting minutes
Approved
Jun 26, 2023
Term
15 years

The 30-second brief

What it covers

Chelsea City Council approves Equipment Lease/Purchase Agreement with Banc of America Public Capital Corp for equipment acquisition. The agreement is for a term not to exceed 15 years, with a cost not to exceed $3,615,699.00.

Who holds it

Banc of America Public Capital Corp holds this equipment lease/purchase contract with City of Chelsea. Its other public contracts on record include work for South Huntington Union Free School District and Las Gallinas Valley Sanitary Dist.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Equipment Lease/Purchase
Amount
$3,615,699.00
Document date
June 26, 2023
Term
15 years
Source document
city-of-chelsea-meeting-minutes-2023-06-26_c16.pdf (Meeting Minutes)

Banc of America Public Capital Corp's other public contracts

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Questions about this contract

Who was awarded the equipment lease/purchase contract by City of Chelsea?

Banc of America Public Capital Corp was awarded this equipment lease/purchase contract by City of Chelsea, as recorded on June 26, 2023. The contract value is $3,615,699.00.

How much is the Banc of America Public Capital Corp contract with City of Chelsea worth?

The Banc of America Public Capital Corp contract with City of Chelsea is valued at $3,615,699.00, covering equipment lease/purchase work.

What type of contract is this?

This is a Equipment Lease/Purchase contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-chelsea-meeting-minutes-2023-06-26_c16.pdf (Meeting Minutes), dated June 26, 2023 from City of Chelsea. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Banc of America Public Capital Corp hold?

Banc of America Public Capital Corp 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 Chelsea currently buying?

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

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