Ontario Local Schools Awards Financial Services Contract to First American Commercial Bancorp Inc (June 2026)
Ontario Local SchoolsSchool · Ontario, OH- Disclosed value
- Principal amount not to exceed $960,000
- From resolution
- Approved
- Jun 1, 2026
The 30-second brief
The Ontario Local School District Board of Education approved entering into a master equipment lease-purchase financing with First American Commercial Bancorp, Inc. for up to $960,000 to acquire chromebooks and related software. The lease will run for up to four years with rent paid in installments and subject to annual appropriation and potential prepayment.
First American Commercial Bancorp Inc holds this financial services contract with Ontario Local Schools. Its other public contracts on record include work for Carmel Central School District and AL-State-Alabama Alcoholic Beverage Control Board.
Term as filed: Financing term not to exceed four years; initial term ending no later than June 30, 2026 if issued before that date, or June 30, 2027 if issued in the following fiscal year, with renewal terms at the end of each fiscal year subject to appropriation.
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Contract details
- Contract type
- Financial Services
- Amount
- Principal amount not to exceed $960,000
- Document date
- June 1, 2026
- Term
- Financing term not to exceed four years; initial term ending no later than June 30, 2026 if issued before that date, or June 30, 2027 if issued in the following fiscal year, with renewal terms at the end of each fiscal year subject to appropriation
- Agency
- Ontario Local Schools
- Source document
- Ontario Local School District Resolution Authorizing Lease-Purchase Financing 2026-06-01 (Resolution)
First American Commercial Bancorp Inc's other public contracts
More Ontario Local Schools contracts
Questions about this contract
Who was awarded the financial services contract by Ontario Local Schools?
First American Commercial Bancorp Inc was awarded this financial services contract by Ontario Local Schools, as recorded on June 1, 2026. The contract value is Principal amount not to exceed $960,000.
How much is the First American Commercial Bancorp Inc contract with Ontario Local Schools worth?
The First American Commercial Bancorp Inc contract with Ontario Local Schools is valued at Principal amount not to exceed $960,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Ontario Local School District Resolution Authorizing Lease-Purchase Financing 2026-06-01 (Resolution), dated June 1, 2026 from Ontario Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First American Commercial Bancorp Inc hold?
First American Commercial Bancorp 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.
What is Ontario Local Schools currently buying?
Explore Ontario Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.