FINANCIAL_SERVICESPENDING

District Receives Proposal for Technology Equipment Lease

Providence Capital Network proposed a four-year municipal lease plus structure to South Holland School District 151 to finance $329,800 in technology equipment, with annual payments of $89,875 and a $1 end-of-term purchase option or remarketing return. The proposal includes a $799 documentation fee and estimated $50 per unit remarketing rebate, subject to tax-exempt lease documentation and credit approval.

Document date · April 27, 2026

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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
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
$329,800 equipment cost; $89,875 annual payments; $799 documentation fee; $50/unit remarketing rebate (estimate)
Contract type
FINANCIAL_SERVICES
Contract term
4 years, commencing July 1, 2026 with payments commencing July 15, 2026
Renewal date
2030-07-01
Document type
Proposal
Source document
South Holland School District 151 Lease Proposal 2026-04-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Holland SD 151?

Providence Capital Network was awarded this financial services contract by South Holland SD 151, as recorded on April 27, 2026. The contract value is $329,800 equipment cost; $89,875 annual payments; $799 documentation fee; $50/unit remarketing rebate (estimate).

How much is the Providence Capital Network contract with South Holland SD 151 worth?

The Providence Capital Network contract with South Holland SD 151 is valued at $329,800 equipment cost; $89,875 annual payments; $799 documentation fee; $50/unit remarketing rebate (estimate), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in South Holland School District 151 Lease Proposal 2026-04-27 (Proposal), dated April 27, 2026 from South Holland SD 151. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Providence Capital Network hold?

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

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What is South Holland SD 151 currently buying?

Explore South Holland SD 151's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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