CONTRACTRECOMMENDED

Wicomico Schools Recommends $7.5 Million Computer Lease

Wicomico County Public Schools logoWicomico County Public Schools
Disclosed value
$7,500,000.00 total payments; annual payments of $1,875,000.00
From staffreport
Document date
Jun 16, 2025
Renews
Free account

The 30-second brief

What it covers

Wicomico County Public Schools recommended authorizing a four-year, $7.5 million lease purchase agreement with Banc of America Public Capital Corp. for replacement computers, peripherals, and supplies. The agreement calls for four annual payments of $1.875 million beginning in July 2025, funded from General Funds.

Who holds it

Banc of America Public Capital Corp holds this financial services contract with Wicomico County Public Schools. Its other public contracts on record include work for South Huntington Union Free School District and Wiseburn Unified.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Wicomico County Public Schools contract.

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Contract details

Contract type
Financial Services
Amount
$7,500,000.00 total payments; annual payments of $1,875,000.00
Document date
June 16, 2025
Term
48 months (four annual payments beginning July 2025)
Renews
Free account
Source document
Wicomico County Public Schools StaffReport Lease Purchase Agreement for Computers June 16, 2025 (StaffReport)

Banc of America Public Capital Corp's other public contracts

More Wicomico County Public Schools contracts

Questions about this contract

Who was awarded the financial services contract by Wicomico County Public Schools?

Banc of America Public Capital Corp was awarded this financial services contract by Wicomico County Public Schools, as recorded on June 16, 2025. The contract value is $7,500,000.00 total payments; annual payments of $1,875,000.00.

How much is the Banc of America Public Capital Corp contract with Wicomico County Public Schools worth?

The Banc of America Public Capital Corp contract with Wicomico County Public Schools is valued at $7,500,000.00 total payments; annual payments of $1,875,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Wicomico County Public Schools StaffReport Lease Purchase Agreement for Computers June 16, 2025 (StaffReport), dated June 16, 2025 from Wicomico County Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Banc of America Public Capital Corp hold?

Banc of America Public Capital Corp 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 Wicomico County Public Schools currently buying?

Explore Wicomico County Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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