Frankford Township Consolidated School District Awards Equipment Contract to Municipal Capital Finance (August 2026)
Frankford Township Consolidated School DistrictSchool · Branchville, NJ- Disclosed value
- Equipment Cost: $307,768.00; Semi-Annual Payment: $35,466.88 at 5.50% interest for 5 years; Purchase Option: $1.00
- From agenda
- Awarded
- Aug 24, 2026
- Term
- Five (5) years
- Renews
- Free account
The 30-second brief
The Board awarded a five-year lease-purchase financing agreement to Municipal Capital Finance for $307,768 in faculty laptops and network server equipment. The deal carries a 5.50% interest rate, semi-annual payments of $35,466.88, and a $1 purchase option at term end.
Municipal Capital Finance holds this equipment contract with Frankford Township Consolidated School District. Its other public contracts on record include work for Township of Mullica and Township of Freehold.
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Contract details
- Contract type
- Equipment
- Amount
- Equipment Cost: $307,768.00; Semi-Annual Payment: $35,466.88 at 5.50% interest for 5 years; Purchase Option: $1.00
- Document date
- August 24, 2026
- Term
- Five (5) years
- Renews
- On record
- Source document
- Frankford Township Board of Education Meeting Agenda 2026-08-24 (Agenda)
Municipal Capital Finance's other public contracts
More Frankford Township Consolidated School District contracts
Questions about this contract
Who was awarded the equipment contract by Frankford Township Consolidated School District?
Municipal Capital Finance was awarded this equipment contract by Frankford Township Consolidated School District, as recorded on August 24, 2026. The contract value is Equipment Cost: $307,768.00; Semi-Annual Payment: $35,466.88 at 5.50% interest for 5 years; Purchase Option: $1.00.
How much is the Municipal Capital Finance contract with Frankford Township Consolidated School District worth?
The Municipal Capital Finance contract with Frankford Township Consolidated School District is valued at Equipment Cost: $307,768.00; Semi-Annual Payment: $35,466.88 at 5.50% interest for 5 years; Purchase Option: $1.00, covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Frankford Township Board of Education Meeting Agenda 2026-08-24 (Agenda), dated August 24, 2026 from Frankford Township Consolidated School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Municipal Capital Finance hold?
Municipal Capital Finance 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 Frankford Township Consolidated School District currently buying?
Explore Frankford Township Consolidated School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.