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The City of Saco is soliciting proposals for a tax-exempt lease to encompass 3 vehicles.  The delivery is estimated to vary, starting immediately upon funding.  The total financing amount is $864,429.50 with the first payment not to exceed $122,449.17 and a lease term of 10 years.

Proposal Due Date:                   9/4/2020 5:00 PM

RFP Opening & Selection:         9/8/2020 9:00 AM

Please include the rate, additional fees, amortization schedule, due dates, and any other information needed to complete the financing.  Since delivery dates will vary, we will need an escrow account for this lease. Please submit proposals electronically to gsalas@sacomaine.org

Additional information can be found at sacomaine.org/bids.

RFP Details

Addendum to Lease RFP