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The City of Saco is soliciting propsoals for a tax-exempt lease to encompass both vehicles and equipment.  The estimated delivery date is July 28, 2020. The total financing amount is $343,358 with the first payment not to exceed $96,439. 

The payment mode is annually and the lease term is 5 years. 

Proposal Due Date: 7/27/2020 12:00 AM

Please include the rate, additional fees, amortization schedule, due dates, and any other information needed to complete the financing. As delivery times may vary, the City will be looking for an escrow agreement as well.

RFP Details
Please submit proposals to