16027_Mar_31_25_solicitation_doc.pdf

This is a Request for Proposal (RFP) issued by the Town of East Lyme Public Schools in Connecticut for a Municipal Lease Purchase Agreement for Fiscal Year 2023/2024. The solicitation, numbered 16027, seeks proposals from all vendors to finance approximately $1,408,300 in municipal equipment and infrastructure, with a bidding period from June 5, 2023, at 1:00 PM EDT to June 15, 2023, at 2:00 PM EDT. The RFP requires vendors to provide delivery terms of Free On Board Destination, with payment terms to be specified by the vendor. No specific line items were identified in the solicitation, and the document includes two supporting files: the main RFP and a "2024 List of Items in Leasing Program" document.

The solicitation does not specify set-aside designations, disadvantaged enterprise requirements, or restrictions on responding organizations. Contact information is provided for Kevin Gervais, Director of Finance for the Town of East Lyme, who can be reached at kgervais@eltownhall.com or 860-691-4111 for any questions. The total estimated value of the contract is set at $1,408,300, representing the par amount available for financing municipal equipment and infrastructure. The RFP suggests a flexible approach to municipal leasing, allowing vendors to propose financing terms for the 2023/2024 fiscal year without extensive qualifying criteria beyond the ability to provide the requested financial arrangement.