Wallingford-Swarthmore SD Awards Transportation Contract to Teqlease Inc (June 2026)

Scope & details

The full contract record, as filed.

Contract amount

Three payments of $263,014.44 (total $789,043.32); stipulated loss values: $1,334,098.14 (2026), $1,162,336.01 (2027), $978,825.35 (2028)

Contract type

TRANSPORTATION

Contract term

Original term with three annual payments due July 15, 2026; July 15, 2027; and July 15, 2028, with automatic renewal options thereafter

Renewal date

2028-07-15

Renewal

Agreement includes an Original Term covering three annual payments and automatic Renewal Terms unless the District provides at least 60 days’ notice of its intent to purchase, renew, or return the equipment. The District may exercise a non-appropriation option for future renewal terms if funds are not budgeted, and the agreement can serve as a master rental for future equipment schedules.

Document type

Agreement

Source document

Wallingford-Swarthmore School District Agreement Rental Agreement 2026-06-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the transportation contract by Wallingford-Swarthmore SD?

Teqlease Inc was awarded this transportation contract by Wallingford-Swarthmore SD, as recorded on June 15, 2026. The contract value is Three payments of $263,014.44 (total $789,043.32); stipulated loss values: $1,334,098.14 (2026), $1,162,336.01 (2027), $978,825.35 (2028).

How much is the Teqlease Inc contract with Wallingford-Swarthmore SD worth?

The Teqlease Inc contract with Wallingford-Swarthmore SD is valued at Three payments of $263,014.44 (total $789,043.32); stipulated loss values: $1,334,098.14 (2026), $1,162,336.01 (2027), $978,825.35 (2028), covering transportation work.

What type of contract is this?

This is a Transportation contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Wallingford-Swarthmore School District Agreement Rental Agreement 2026-06-15 (Agreement), dated June 15, 2026 from Wallingford-Swarthmore SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Teqlease Inc hold?

Teqlease Inc 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 Teqlease Inc's profile

What is Wallingford-Swarthmore SD currently buying?

Explore Wallingford-Swarthmore SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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