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The City of Saco is soliciting proposals for a tax-exempt lease to encompass 4 vehicles and 2 pieces of equipment.  The delivery is estimated to vary, starting 7/1/2019.  The total financing amount is $703,538.40 with the first payment not to exceed $146,710 and a lease term of 5 years.

Proposal Due Date:                   7/12/2019 2:00 PM

RFP Opening & Selection:         7/15/2019 3:00 PM

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 to amorrissey@sacomaine.org.

Required format for Digital Submission: Blank email with the name “FY 2020 General Fund Lease RFP Submission” in the subject.  PDF of the bid attached to the Email titled “Your Company Name – FY2020 GF Lease RFP Submission”

Lease RFP