CONTRACTAPPROVED

St. Mary's County Awards Financial Services Contract to First American Equipment Finance (October 2025)

St. Mary's County logoSt. Mary's County
Disclosed value
Not to exceed $900,000
From resolution
Approved
Oct 28, 2025

The 30-second brief

What it covers

The Commissioners of St. Mary's County approved Resolution 2025-15 authorizing a lease purchase agreement with First American Equipment Finance for up to $900,000 to finance FY2026 tax-exempt equipment. The financing will be structured as one or more limited-obligation leases with a term not to exceed five years and subject to annual appropriations.

Who holds it

First American Equipment Finance holds this financial services contract with St. Mary's County. Its other public contracts on record include work for Prince George's County Public Schools and Town of Clover.

What happens next

Term as filed: Term not to exceed five (5) years from the date of any funding thereunder.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $900,000
Document date
October 28, 2025
Term
Term not to exceed five (5) years from the date of any funding thereunder
Source document
St. Mary's County Resolution Approval of Equipment Financing 2025-10-28 (Resolution)

First American Equipment Finance's other public contracts

More St. Mary's County contracts

Questions about this contract

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

First American Equipment Finance was awarded this financial services contract by St. Mary's County, as recorded on October 28, 2025. The contract value is Not to exceed $900,000.

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

The First American Equipment Finance contract with St. Mary's County is valued at Not to exceed $900,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in St. Mary's County Resolution Approval of Equipment Financing 2025-10-28 (Resolution), dated October 28, 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 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 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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