FINANCIAL_SERVICESONGOING

RISD Purchases $10M Toyota Commercial Paper

Richardson ISD added a $10 million Toyota Motor Credit Corp commercial paper position to its 2021 Construction Fund in May 2026, maturing January 25, 2027. The A‑1+ rated instrument provides incremental yield on project funds.

Status
ONGOING
Document date
August 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Toyota Motor Credit Corp
Agency
Richardson Independent School District · TX

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
May 5, 2026 – January 25, 2027 (maturity)
Renewal date
2027-01-25
Renewal
The commercial paper will mature January 25, 2027; any further investment with Toyota Motor Credit would be through new issuances.
Document type
Report
Source document
Richardson Independent School District Report Quarterly Investment Report 2026-08-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Richardson Independent School District?

Toyota Motor Credit Corp was awarded this financial services contract by Richardson Independent School District, as recorded on August 6, 2026. The contract value is $10,000,000.00.

How much is the Toyota Motor Credit Corp contract with Richardson Independent School District worth?

The Toyota Motor Credit Corp contract with Richardson Independent School District is valued at $10,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Richardson Independent School District Report Quarterly Investment Report 2026-08-06 (Report), dated August 6, 2026 from Richardson Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Toyota Motor Credit Corp hold?

Toyota Motor Credit Corp 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 Toyota Motor Credit Corp's profile

What is Richardson Independent School District currently buying?

Explore Richardson Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Richardson Independent School District's profile

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