Lease Purchase Financing
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Source: New Jersey Purchasing Group
The Board of Education of the River Vale Township School District in the County of Bergen , New Jersey , is soliciting Quotes for lease purchase financing . This will be a lease purchase to pay for the acquisition of Ford / TCI Mobility eight ( 8 ) passenger van The cost of equipment is approximately $ 84 ,
- Status
- Closed
- Sector
- Education
- Location
- New Jersey, United States of America
- Updated
- 3 Nov 2026
- Source
- New Jersey Purchasing Group
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Tender Information
Participants
| Not available for this record. |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-11-03 |
Contact
| Not available for this record. |
Description
Description | The Board of Education of the River Vale Township School District in the County of Bergen , New Jersey , is soliciting Quotes for lease purchase financing . This will be a lease purchase to pay for the acquisition of Ford / TCI Mobility eight ( 8 ) passenger van The cost of equipment is approximately $ 84 , 870 . 93 , and will be established via cooperative pricing or competitive bidding award Repayment Term : The Repayment term for the principal amount plus all interest will be for 5 ( five ) years . The transaction is anticipated to fund to either an escrow account or acceptance , on or about April 15 , 2026 . The Board requests five ( 5 ) equal annual payments commencing on August 15 , 2026 . Escrow : The escrow account must be with a NJ GUDPA approved financial institution . The Board requests that there be no charge for disbursements made to vendors at delivery and acceptance . Please disclose your cost for escrow on the response form . If there is no charge for the Escrow please state that . If a respondent allows the Board to choose their own Escrow Agent , there will be a $ 1750 charge included as an estimated cost . The estimated cost will be included as “ additional charges ” in determining Award |
Location
Country | United States of America (USA) |
State | New Jersey |
Source
Source | New Jersey Purchasing Group |
URL |
More Details
Record type | Tender |
Sector | Education |
Article published date | 2026-04-29 |
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