CONTRACTPENDING

First American submits $900,000 lease financing proposal

Disclosed value: $900,000 financed; total payments $983,340.00 at 3.717% APR over 60 months; From proposal
Document date: Nov 1, 2025
Renews: Mar 2027; Free account

What it covers

The agency received a lease financing proposal from First American to finance $900,000 over 60 months at 3.717% APR, with five annual payments totaling $983,340.00. The schedule details annual payments from April 15, 2026, through April 15, 2030 under a 60‑month amortization structure.

Who holds it

First American holds this equipment contract with St. Mary's County. Its other public contracts on record include work for City of Miami and Springfield School District 19.

What happens next

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Contract details

Contract type: Equipment
Amount: $900,000 financed; total payments $983,340.00 at 3.717% APR over 60 months
Document date: November 1, 2025
Term: 11/01/2025 – 04/15/2030 (60-month amortization, 5 annual payments)
Renews: On record
Vendor: First American
Agency: St. Mary's County
Source document: First American Lease Proposal 2025-11-01 (Proposal)

First American's other public contracts

City of Miami, OklahomaMDRA Approves First American Credit Card Fees · Oct 19, 2026$321.2 City of Miami, OklahomaMDRA Approves First American September Fees · Oct 19, 2026$1.1K Springfield School District 19, OregonBoard Discusses First American Structural Repair Financing · Oct 12, 2026Undisclosed Springfield School District 19, OregonBoard Discusses First American Repair Financing Proposal · Oct 12, 2026Undisclosed Town of Voluntown, ConnecticutBoard Approves First American Lease for Two School Buses · Oct 8, 2026 All First American contractsVendor profile

More St. Mary's County contracts

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Questions about this contract

Who was awarded the equipment contract by St. Mary's County?

First American was awarded this equipment contract by St. Mary's County, as recorded on November 1, 2025. The contract value is $900,000 financed; total payments $983,340.00 at 3.717% APR over 60 months.

How much is the First American contract with St. Mary's County worth?

The First American contract with St. Mary's County is valued at $900,000 financed; total payments $983,340.00 at 3.717% APR over 60 months, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a proposal record.

Where was this contract approved?

This contract appears in First American Lease Proposal 2025-11-01 (Proposal), dated November 1, 2025 from St. Mary's County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First American hold?

First American 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 St. Mary's County currently buying?

Explore St. Mary's County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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