Prince George's County Public Schools Department Of Security Services Awards Financial Services Contract to Td Equipment Finance Inc (December 2025)
Prince George's County Public Schools Department Of Security ServicesCounty Department · Upper Marlboro, MD- Disclosed value
- $49,566,801.00 financing value; $52,678,100.08 total five-year payments; $3,111,299.08 interest cost
- From resolution
- Approved
- Dec 1, 2025
- Renews
- Free account
The 30-second brief
Prince George's County Public Schools approved a tax-exempt municipal lease/purchase financing agreement with TD Equipment Finance, Inc. The $49.57 million financing, carrying a 3.14% interest rate, will fund replacement buses, other vehicles, textbooks and technology refresh over five years, with total payments of $52.68 million.
Td Equipment Finance Inc holds this financial services contract with Prince George's County Public Schools Department Of Security Services. Its other public contracts on record include work for Town of North Branford and Town of Mount Pleasant.
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Contract details
- Contract type
- Financial Services
- Amount
- $49,566,801.00 financing value; $52,678,100.08 total five-year payments; $3,111,299.08 interest cost
- Document date
- December 1, 2025
- Term
- Five years; FY 2026 through FY 2030; 3.14% interest rate
- Renews
- On record
- Vendor
- Td Equipment Finance Inc
- Source document
- Prince George's County Public Schools Resolution FY 2026 Tax-Exempt Municipal Lease/Purchasing Financing 2025-12-01 (Resolution)
Td Equipment Finance Inc's other public contracts
More Prince George's County Public Schools Department Of Security Services contracts
Questions about this contract
Who was awarded the financial services contract by Prince George's County Public Schools Department Of Security Services?
Td Equipment Finance Inc was awarded this financial services contract by Prince George's County Public Schools Department Of Security Services, as recorded on December 1, 2025. The contract value is $49,566,801.00 financing value; $52,678,100.08 total five-year payments; $3,111,299.08 interest cost.
How much is the Td Equipment Finance Inc contract with Prince George's County Public Schools Department Of Security Services worth?
The Td Equipment Finance Inc contract with Prince George's County Public Schools Department Of Security Services is valued at $49,566,801.00 financing value; $52,678,100.08 total five-year payments; $3,111,299.08 interest cost, 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 Prince George's County Public Schools Resolution FY 2026 Tax-Exempt Municipal Lease/Purchasing Financing 2025-12-01 (Resolution), dated December 1, 2025 from Prince George's County Public Schools Department Of Security Services. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Td Equipment Finance Inc hold?
Td Equipment Finance 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 Prince George's County Public Schools Department Of Security Services currently buying?
Explore Prince George's County Public Schools Department Of Security Services's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.