SEPTA secures $35.9M ESCO financing with PNC
Southeastern Pennsylvania Transportation AuthorityPublic Authority · Philadelphia, PA- Disclosed value
- $35.9 million
- From budget
- Document date
- Aug 17, 2020
- Term
- Through March 30, 2034
- Renews
- Free account
The 30-second brief
SEPTA executed a $35.9 million Master Equipment Lease/Purchase Agreement with PNC Equipment Finance, LLC to fund a combined heat and power plant and other energy conservation measures. The financing runs through March 30, 2034 with payments supported by guaranteed energy savings.
Pnc Equipment Finance LLC holds this financial services contract with Southeastern Pennsylvania Transportation Authority. Its other public contracts on record include work for Kitsap PUD and City of Sandy Springs.
The renewal date is on record. A free account shows it, with the renewals for every Southeastern Pennsylvania Transportation Authority contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $35.9 million
- Document date
- August 17, 2020
- Term
- Through March 30, 2034
- Renews
- Free account
- Source document
- SEPTA FY 2021 Operating Budget (Budget)
Pnc Equipment Finance LLC's other public contracts
More Southeastern Pennsylvania Transportation Authority contracts
Questions about this contract
Who was awarded the financial services contract by Southeastern Pennsylvania Transportation Authority?
Pnc Equipment Finance LLC was awarded this financial services contract by Southeastern Pennsylvania Transportation Authority, as recorded on August 17, 2020. The contract value is $35.9 million.
How much is the Pnc Equipment Finance LLC contract with Southeastern Pennsylvania Transportation Authority worth?
The Pnc Equipment Finance LLC contract with Southeastern Pennsylvania Transportation Authority is valued at $35.9 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in SEPTA FY 2021 Operating Budget (Budget), dated August 17, 2020 from Southeastern Pennsylvania Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Pnc Equipment Finance LLC hold?
Pnc Equipment Finance LLC 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 Southeastern Pennsylvania Transportation Authority currently buying?
Explore Southeastern Pennsylvania Transportation Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.