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  5. ›Municipal Lease Financing for School Buses

Awarded contract·Topeka Public Schools·Kansas

Municipal Lease Financing for School Buses

Won by First National Bank +9 more$5.3MMultiple Award
Contract source

Awarded vendors

  • First National Bank
  • First American
  • U.S.Bancorp Government
  • Banc of America
  • Baystone Government Finance
  • Commercial Bancorp, Inc.
  • Leasing & Finance, Inc.
  • Public Capital Corp.
  • Kansas State Bank
  • Hutchinson, KS

Description

This contract is for Municipal Lease Financing for School Buses. The contract involves the leasing of school buses and security equipment for a period of 5 or 10 years. The contract was awarded to multiple vendors, including First National Bank, First American, and U.S.Bancorp Government. The total cost of the contract is estimated to be around $5 million. The contract includes a 5-year lease for buses, a 10-year lease for buses, and a 5-year lease for security equipment. The interest rates for the leases range from 2.778% to 3.90%. The contract also includes one-time charges and grand total costs for the 10-year bus and 5-year security lease. • The contract is for Municipal Lease Financing for School Buses. • The contract involves the leasing of school buses and security equipment. • The contract was awarded to multiple vendors. • The total cost of the contract is estimated to be around $5 million. • The contract includes a 5-year lease for buses, a 10-year lease for buses, and a 5-year lease for security equipment. • The interest rates for the leases range from 2.778% to 3.90%.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
52232
Solicitation №
GS 21-22:26

Contract value

$5,297,598

Based on the contract document, the estimated total cost of the contract is around $5 million. This estimation is based on the grand total costs for the 10-year bus and 5-year security lease, which range from $5,297,597.57 to $5,389,053.95. The actual value of the contract may vary depending on the specific terms and conditions of the contract.

AI estimate from the award documents

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