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Town of Worcester Awards Financial Services Contract to Tax Exempt Leasing Corporation (August 2023)

Town of Worcester
Approved
Aug 14, 2023
Term
5 years at 5.64%

The 30-second brief

What it covers

The Worcester Selectboard authorized a 5‑year, 5.64% lease purchase financing agreement with Tax Exempt Leasing Corporation for the town’s new refurbished 2019 Komatsu road grader. The lender was selected as the preferred option among four municipal financing offers.

Who holds it

Tax Exempt Leasing Corporation holds this financial services contract with Town of Worcester. Its other public contracts on record include work for Town of Greenland and Exeter Ambulance District.

What happens next

Term as filed: 5 years at 5.64%.

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Contract details

Contract type
Financial Services
Document date
August 14, 2023
Term
5 years at 5.64%
Vendor
Tax Exempt Leasing Corporation
Agency
Town of Worcester
Source document
worcester-selectboard-special-meeting-minutes-august-14-2023_a63.pdf (Minutes)

Tax Exempt Leasing Corporation's other public contracts

Town of Greenland, New HampshireFire Truck Lease Approved with Tax Exempt Leasing Corporation · May 18, 2026UndisclosedExeter Ambulance District, CaliforniaExeter Ambulance Approves Loan for Two New Ambulances · Oct 22, 2025Exeter Ambulance District, CaliforniaAmbulance District Considers Loan for Two Ambulances · Oct 22, 2025Necedah Area School District, WisconsinBoard Approves Solar Panel Lease with Tax Exempt Leasing Corporation · Apr 21, 2025UndisclosedNecedah Area School District, WisconsinDistrict Approves Solar Panel Lease With Tax Exempt Lender · Apr 21, 2025UndisclosedAll Tax Exempt Leasing Corporation contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Worcester?

Tax Exempt Leasing Corporation was awarded this financial services contract by Town of Worcester, as recorded on August 14, 2023.

What type of contract is this?

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

Where was this contract approved?

This contract appears in worcester-selectboard-special-meeting-minutes-august-14-2023_a63.pdf (Minutes), dated August 14, 2023 from Town of Worcester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tax Exempt Leasing Corporation hold?

Tax Exempt Leasing Corporation 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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What is Town of Worcester currently buying?

Explore Town of Worcester's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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