268-20250825152734 JACKSON.pdf
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- Attached to
- 268-20250825152734 Jackson
- Solicitation number
- 3170033731
- Issued by
- Hinds County, Jackson City, Mississippi
About this file
The document is a Request for Proposals (RFP) issued by the City of Jackson, Mississippi, seeking lease purchase financing for public safety vehicles. The city is requesting proposals to finance $609,000.00 for 15 Dodge Durango vehicles through a three-year lease purchase agreement. The proposal submission is due on September 9, 2025, at 3:30 PM central time, with proposals to be submitted to the Municipal Clerk Department. The lease terms include semi-annual payments made in arrears, with the first payment occurring six months from the funding date, which is projected to be September 30, 2025.
The City of Jackson anticipates being non-bank qualified for calendar year 2025 and requires interested parties to submit two sealed copies of their proposals, including a detailed amortization schedule reflecting the lease purchase interest rate. The RFP specifies that the city reserves the right to reject any or all proposals. Potential bidders can direct questions to Courtney Bell, Finance Manager, at (601)960-2005. The total acquisition cost is $609,000.00, with the procurement aimed at enhancing the city's public safety vehicle fleet.
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| File | Type | Posted |
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| LEASE_PURCHASE_FINANCING_AD_8_28_252.pdf |
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Text version
CITY OF JACKSON MISSISSIPPI
DEPARTMENT OF ADMINISTRATION
LEASE PURCHASE FINANCING INTEREST RATE
PROPOSAL
REQUEST FOR PROPOSAL
RFP NO. 94654-090925
LEASE PURCHASE FINANCING INTEREST RATE PROPOSAL
PROPOSAL RECEIVING DATE
09/09/2025 at 3:30 PM City Hall
Specification Information Contact:
Courtney Bell, Finance Manager, 601-960-2005
200 South President Street
Jackson, MS 39201
Proposal Submittal Due Date
09/09/2025 no later than 3:30 PM
MARKED ON OUTSIDE OF ENVELOPE RFP#94654-090925
Proposal Submittal To
Municipal Clerk Department
219 South President Street
Jackson, MS 39201
REQUEST FOR PROPOSALS
The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to purchase $609,000.00 in public safety vehicles.
The Lease Purchase Agreement will be for a three (3) year period. Lease payments will be made semi-annually in arrears equally paid for principal and interest during the term of the lease. The first semi-annual payment of principal and interest will be paid six (6) months from the funding date. The projected funding date is September 30, 2025.
The proposal must include the Lease Purchase interest rate. Also, the proposal must include an amortization schedule that reflects the lease purchase interest rate. Please provide an amortization schedule for three (3) year period total of $609,000.00.
The City of Jackson, Mississippi reasonably expects that it will be non-bank qualified for calendar year 2025.
Lease Purchase proposals will be received by the City of Jackson, Mississippi no later than 3:30 p.m. central time on Tuesday, September 9, 2025. Please submit two (2) copies of sealed proposals to the City of Jackson, Mississippi marked “RFP# 94654-090925 Lease Purchase
Financing Interest Rate Proposal” as follows:
City of Jackson, Mississippi
Attention: Municipal Clerk Department
219 South President Street
Jackson, MS 39201
Questions regarding the Lease Purchase Proposal may be directed to the following individual:
Courtney Bell, Finance Manager (601)960-2005
The City of Jackson, Mississippi reserves the right to reject any or all proposals.
City of Jackson, MS
FY 25 Equipment List
Vehicle/Equipment Description Number
Requested
Acquisition
Cost
DODGE DURANGO 15 $609,000.00
TOTAL $609,000.00
File details come from the government source that posted it. Updated .