FINANCIAL_SERVICESRECOMMENDED

District to finance scrubber lease with Ascentium Capital

Springfield School District plans to enter into an annually cancellable lease with Ascentium Capital to finance robotic floor scrubbers, with a $47,340 FY26 payment funded from custodial staffing savings. The lease will support deployment of four AI-driven scrubbers across district buildings.

Document date · October 6, 2025

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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
$47,340 (FY26 lease payment from General Fund)
Contract type
FINANCIAL_SERVICES
Contract term
Lease, cancellable annually; initial FY26 payment only
Renewal
Lease with Ascentium Capital is structured for annual cancellation, allowing the district to reassess and renew financing each year based on budget and staffing savings.
Document type
Agenda
Source document
springfield_school_district_regular_board_meeting.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Springfield School District?

Ascentium Capital was awarded this financial services contract by Springfield School District, as recorded on October 6, 2025. The contract value is $47,340 (FY26 lease payment from General Fund).

How much is the Ascentium Capital contract with Springfield School District worth?

The Ascentium Capital contract with Springfield School District is valued at $47,340 (FY26 lease payment from General Fund), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in springfield_school_district_regular_board_meeting.pdf (Agenda), dated October 6, 2025 from Springfield School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ascentium Capital hold?

Ascentium Capital 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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