Monty Tech Recommends Sourcewell-Financed Loader Purchase
Montachusett Regional Vocational TechnicalSchool · Fitchburg, MA- Disclosed value
- $177,000 used loader; $100,000 from the budget and the balance financed
- From minutes
- Document date
- Oct 28, 2026
The 30-second brief
The Monty Tech Financial Planning Subcommittee recommended allocating up to $100,000 toward a $177,000 used loader. Sourcewell would finance the remaining balance over five years at 5.99%, with a $1 lease buyout.
SOURCEWELL holds this financial services contract with Montachusett Regional Vocational Technical. Its other public contracts on record include work for Savoy village (pt.) and San Bernardino Valley Municipal Water District.
Term as filed: Five years at 5.99% interest, with a $1 buyout at the end of the lease.
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Contract details
- Contract type
- Financial Services
- Amount
- $177,000 used loader; $100,000 from the budget and the balance financed
- Document date
- October 28, 2026
- Term
- Five years at 5.99% interest, with a $1 buyout at the end of the lease
- Vendor
- SOURCEWELL
- Source document
- Monty Tech School Committee Minutes Financial Planning Subcommittee Meeting October 28, 2026 (Minutes)
SOURCEWELL's other public contracts
More Montachusett Regional Vocational Technical contracts
Questions about this contract
Who was awarded the financial services contract by Montachusett Regional Vocational Technical?
SOURCEWELL was awarded this financial services contract by Montachusett Regional Vocational Technical, as recorded on October 28, 2026. The contract value is $177,000 used loader; $100,000 from the budget and the balance financed.
How much is the SOURCEWELL contract with Montachusett Regional Vocational Technical worth?
The SOURCEWELL contract with Montachusett Regional Vocational Technical is valued at $177,000 used loader; $100,000 from the budget and the balance financed, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Monty Tech School Committee Minutes Financial Planning Subcommittee Meeting October 28, 2026 (Minutes), dated October 28, 2026 from Montachusett Regional Vocational Technical. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does SOURCEWELL hold?
SOURCEWELL 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 Montachusett Regional Vocational Technical currently buying?
Explore Montachusett Regional Vocational Technical's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.