District Weighs Lease Financing with First American
Springfield School District 19School · Springfield, OR- Disclosed value
- Up to $3,700,000 (financing amount under consideration)
- From agendapacket
- Document date
- Jul 6, 2026
The 30-second brief
Springfield Public Schools is evaluating two tax-exempt lease/purchase options with First American Equipment Finance to fund $3.7 million in structural repairs. The Board will choose between 5-year and 10-year repayment terms beginning in the 2027–2028 budget year.
First American Equipment Finance holds this financial services contract with Springfield School District 19. Its other public contracts on record include work for Camas School District and Prince George's County Public Schools.
Term as filed: Option 1: 5-year schedule; Option 3: 10-year schedule; both tax-exempt lease/purchase.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $3,700,000 (financing amount under consideration)
- Document date
- July 6, 2026
- Term
- Option 1: 5-year schedule; Option 3: 10-year schedule; both tax-exempt lease/purchase
- Source document
- Springfield Public Schools AgendaPacket Organizational Meeting 2026-07-06 (AgendaPacket)
First American Equipment Finance's other public contracts
More Springfield School District 19 contracts
Questions about this contract
Who was awarded the financial services contract by Springfield School District 19?
First American Equipment Finance was awarded this financial services contract by Springfield School District 19, as recorded on July 6, 2026. The contract value is Up to $3,700,000 (financing amount under consideration).
How much is the First American Equipment Finance contract with Springfield School District 19 worth?
The First American Equipment Finance contract with Springfield School District 19 is valued at Up to $3,700,000 (financing amount under consideration), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Springfield Public Schools AgendaPacket Organizational Meeting 2026-07-06 (AgendaPacket), dated July 6, 2026 from Springfield School District 19. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First American Equipment Finance hold?
First American Equipment Finance 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 Springfield School District 19 currently buying?
Explore Springfield School District 19's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.