Norristown Area SD Awards Financial Services Contract to Eplus Group Inc (May 2025)

Norristown Area School District entered into a non-cancelable 36‑month Installment Payment Agreement No. PAM196-2 with ePlus Group, inc. to finance maintenance services with an asset cost of $132,871.34, payable in three annual installments of $48,554.40 beginning July 1, 2025. The contract includes security interest, tax, fee, and non‑appropriation provisions governed by Virginia law.

Scope & details

The full contract record, as filed.

Contract amount

$132,871.34; $48,554.40 due July 1, 2025; $48,554.40 due July 1, 2026; $48,554.40 due July 1, 2027

Contract type

FINANCIAL_SERVICES

Contract term

36 Months, July 1, 2025 – June 30, 2028

Renewal date

2028-06-30

Renewal

Original non-cancelable 36‑month term from July 1, 2025, with early termination permitted only under the appropriations clause in Section 10 for subsequent fiscal periods. No automatic renewal is specified; obligations cease if funds are not appropriated subject to the contract’s restrictions on acquiring similar equipment.

Document type

Agreement

Source document

Norristown Area School District Agreement Installment Payment Agreement PAM196-2 2025-05-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Norristown Area SD?

Eplus Group Inc was awarded this financial services contract by Norristown Area SD, as recorded on May 15, 2025. The contract value is $132,871.34; $48,554.40 due July 1, 2025; $48,554.40 due July 1, 2026; $48,554.40 due July 1, 2027.

How much is the Eplus Group Inc contract with Norristown Area SD worth?

The Eplus Group Inc contract with Norristown Area SD is valued at $132,871.34; $48,554.40 due July 1, 2025; $48,554.40 due July 1, 2026; $48,554.40 due July 1, 2027, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Norristown Area School District Agreement Installment Payment Agreement PAM196-2 2025-05-15 (Agreement), dated May 15, 2025 from Norristown Area SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eplus Group Inc hold?

Eplus Group Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Eplus Group Inc's profile

What is Norristown Area SD currently buying?

Explore Norristown Area SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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