FINANCIAL_SERVICESPENDING

Springfield Plans $2.17 Million Municipal Equipment Lease

Springfield School District plans to enter a master equipment lease-purchase agreement with Municipal Leasing Consultants, LLC for capital improvements and equipment. The financing is capped at $2,166,750 and is structured for 10 years, with projects planned for summer 2027.

Document date · October 4, 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
Not to exceed $2,166,750.00 in aggregate principal rental payments
Contract type
FINANCIAL_SERVICES
Contract term
10 years; capital improvements planned for summer 2027 (FY28)
Renewal date
2037-06-30
Renewal
The resolution describes a 10-year lease-financing structure and annual appropriation conditions for future rental payments; no renewal or extension option is stated.
Document type
AgendaPacket
Source document
Springfield School District AgendaPacket Regular School Board Meeting 2026-10-05

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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?

Municipal Leasing Consultants Llc was awarded this financial services contract by Springfield School District, as recorded on October 4, 2026. The contract value is Not to exceed $2,166,750.00 in aggregate principal rental payments.

How much is the Municipal Leasing Consultants Llc contract with Springfield School District worth?

The Municipal Leasing Consultants Llc contract with Springfield School District is valued at Not to exceed $2,166,750.00 in aggregate principal rental payments, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Springfield School District AgendaPacket Regular School Board Meeting 2026-10-05 (AgendaPacket), dated October 4, 2026 from Springfield School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Leasing Consultants Llc hold?

Municipal Leasing Consultants 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.

View Municipal Leasing Consultants Llc's profile

What is Springfield School District currently buying?

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

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