Liberty Schools Discuss Commerce Bus Financing
Liberty 53 School DistrictSchool · Liberty, MO- Disclosed value
- Approximately $563,000 per year in annualized payments; interest rate near 4.5% under consideration
- From agenda
- Document date
- Oct 20, 2026
- Term
- Five-year term under consideration
The 30-second brief
Liberty Public Schools is discussing a future five-year lease purchase agreement with Commerce Bank to finance 14 new school buses. Proposed annualized payments are approximately $563,000 at an interest rate near 4.5%, subject to later approval.
Commerce Bank holds this financial services contract with Liberty 53 School District. Its other public contracts on record include work for City of Pittsburg and City of Dickinson.
Term as filed: Five-year term under consideration.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $563,000 per year in annualized payments; interest rate near 4.5% under consideration
- Document date
- October 20, 2026
- Term
- Five-year term under consideration
- Vendor
- Commerce Bank
- Source document
- Liberty Public Schools Agenda Board of Education Regular Meeting 2026-10-20 (Agenda)
Commerce Bank's other public contracts
More Liberty 53 School District contracts
Questions about this contract
Who was awarded the financial services contract by Liberty 53 School District?
Commerce Bank was awarded this financial services contract by Liberty 53 School District, as recorded on October 20, 2026. The contract value is Approximately $563,000 per year in annualized payments; interest rate near 4.5% under consideration.
How much is the Commerce Bank contract with Liberty 53 School District worth?
The Commerce Bank contract with Liberty 53 School District is valued at Approximately $563,000 per year in annualized payments; interest rate near 4.5% under consideration, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Liberty Public Schools Agenda Board of Education Regular Meeting 2026-10-20 (Agenda), dated October 20, 2026 from Liberty 53 School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Commerce Bank hold?
Commerce Bank 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 Liberty 53 School District currently buying?
Explore Liberty 53 School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.