District Weighs 5-Year Bus Fleet Lease-Purchase
University City School DistrictSchool · University City, MO- Disclosed value
- $2,354,880 (less $339,000 trade-in and $1,500,000 down payment; $515,880 financed at 5.99% with annual payments of $116,111 for 5 years; ECSE annual rental $33,085.76)
- From proposal
- Document date
- Jul 1, 2026
The 30-second brief
The district received a proposal from Central States Bus Sales for a 5-year lease-purchase of 17 school buses starting in 2026-27. The deal finances $515,880 at an estimated 5.99% interest after trade-in and a $1.5 million down payment, with annual payments of $116,111 plus an ECSE bus rental reimbursed by grant funds. The proposal maintains the existing fleet mix of 16 K-12 and 1 ECSE bus.
Central States Bus Sales holds this transportation contract with University City School District. Its other public contracts on record include work for Hoopeston Area CUSD 11 and Midwest Central CUSD 191.
Term as filed: 5 years (annual payments), beginning 2026-27.
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Contract details
- Contract type
- Transportation
- Amount
- $2,354,880 (less $339,000 trade-in and $1,500,000 down payment; $515,880 financed at 5.99% with annual payments of $116,111 for 5 years; ECSE annual rental $33,085.76)
- Document date
- July 1, 2026
- Term
- 5 years (annual payments), beginning 2026-27
- Vendor
- Central States Bus Sales
- Source document
- School District Proposal Fleet Lease-Purchase Agreement 2026-07-01 (Proposal)
Central States Bus Sales's other public contracts
More University City School District contracts
Questions about this contract
Who was awarded the transportation contract by University City School District?
Central States Bus Sales was awarded this transportation contract by University City School District, as recorded on July 1, 2026. The contract value is $2,354,880 (less $339,000 trade-in and $1,500,000 down payment; $515,880 financed at 5.99% with annual payments of $116,111 for 5 years; ECSE annual rental $33,085.76).
How much is the Central States Bus Sales contract with University City School District worth?
The Central States Bus Sales contract with University City School District is valued at $2,354,880 (less $339,000 trade-in and $1,500,000 down payment; $515,880 financed at 5.99% with annual payments of $116,111 for 5 years; ECSE annual rental $33,085.76), covering transportation work.
What type of contract is this?
This is a Transportation contract, documented as a proposal record.
Where was this contract approved?
This contract appears in School District Proposal Fleet Lease-Purchase Agreement 2026-07-01 (Proposal), dated July 1, 2026 from University City School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Central States Bus Sales hold?
Central States Bus Sales 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 University City School District currently buying?
Explore University City School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.