CONTRACTRECOMMENDED

MCPS Recommends Five-Year Vehicle Financing Agreement

Montgomery County Public Schools logoMontgomery County Public Schools
Disclosed value
$1,266,474.50
From staffreport
Document date
Oct 22, 2026
Term
Five-year financing term
Renews
Free account

The 30-second brief

What it covers

Montgomery County Public Schools recommends financing the $1,266,474.50 vehicle purchase through Banc of America Public Capital Corporation. The Master Lease/Purchase Agreement provides a five-year financing term for the new fleet vehicles.

Who holds it

Banc of America Public Capital Corporation holds this financial services contract with Montgomery County Public Schools. Its other public contracts on record include work for Washington-Saratoga-Warren-Hamilton-Essex Boces and Baltimore County Public Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Montgomery County Public Schools contract.

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Contract details

Contract type
Financial Services
Amount
$1,266,474.50
Document date
October 22, 2026
Term
Five-year financing term
Renews
Free account
Source document
Montgomery County Public Schools StaffReport Contract Approval for Bid No. 1162630, Off-the-Lot New Vehicles and Equipment, All GVWRs—Extension 2026-10-22 (StaffReport)

Banc of America Public Capital Corporation's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Montgomery County Public Schools?

Banc of America Public Capital Corporation was awarded this financial services contract by Montgomery County Public Schools, as recorded on October 22, 2026. The contract value is $1,266,474.50.

How much is the Banc of America Public Capital Corporation contract with Montgomery County Public Schools worth?

The Banc of America Public Capital Corporation contract with Montgomery County Public Schools is valued at $1,266,474.50, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Montgomery County Public Schools StaffReport Contract Approval for Bid No. 1162630, Off-the-Lot New Vehicles and Equipment, All GVWRs—Extension 2026-10-22 (StaffReport), dated October 22, 2026 from Montgomery County Public Schools. 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 Corporation hold?

Banc of America Public Capital Corporation 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 Montgomery County Public Schools currently buying?

Explore Montgomery County Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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