7-20260730075724 JACKSON.pdf
PDF 303 KB Posted
- Attached to
- 7-20260730075724 Jackson
- Solicitation number
- 3170036382
- Issued by
- Hinds County, Jackson City, Mississippi
About this file
This is a Request for Proposals (RFP) issued by the City of Jackson, Mississippi Department of Administration for lease purchase financing of vehicles and equipment. The City is soliciting interest rate proposals for a three-year lease purchase agreement totaling $1,013,256.10. The equipment list includes 12 vehicles and various lawn care and construction equipment, such as three Gator Mowers, three Gooseneck Dump Trailers, three Kubota RTVs, three EX Mark Zero Turn Mowers, seven Dodge Ram trucks, one 2026 Dodge Durango, one 2026 Chevrolet Trax, three Compact Track Loaders, one World Lawn 60" Zero Turn Mower, one Mini Excavator 305 Cab, and one Mahindra 1635 Compact Utility Tractor. Proposals are due on August 18, 2026, no later than 3:30 p.m. central time, submitted to the Municipal Clerk Department at 219 South President Street, Jackson, Mississippi 39201. The projected funding date is September 25, 2026.
Respondents must submit two sealed copies of their proposals and provide both an interest rate proposal and a complete three-year amortization schedule. Lease payments will be made semi-annually in arrears with equal principal and interest payments, with the first payment due six months from the funding date. The City of Jackson reasonably expects to be bank qualified for calendar year 2026. The City reserves the right to reject any or all proposals. Questions regarding the proposal may be directed to Courtney Bell, Finance Manager, at 601-960-2005.
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Text version
CITY OF JACKSON MISSISSIPPI
DEPARTMENT OF ADMINISTRATION
LEASE PURCHASE FINANCING INTEREST RATE
PROPOSAL
REQUEST FOR PROPOSAL
RFP NO. 94654-081826
LEASE PURCHASE FINANCING INTEREST RATE PROPOSAL
PROPOSAL RECEIVING DATE
08/18/2026 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
08/18/2026 no later than 3:30 PM
MARKED ON OUTSIDE OF ENVELOPE RFP#94654-081826
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 $1,013,256.10 in vehicles and equipment.
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 25, 2026.
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 $1,013,256.10.
The City of Jackson, Mississippi reasonably expects that it will be bank qualified for calendar year 2026.
Lease Purchase proposals will be received by the City of Jackson, Mississippi no later than 3:30 p.m. central time on Tuesday, August 18, 2026. Please submit two (2) copies of sealed proposals to the City of Jackson, Mississippi marked “RFP# 94654-081826 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 26 Equipment List
Vehicle/Equipment Description Number
Requested
Acquisition
Cost Gator Mowers 3 $42,296.40 Gooseneck Dump Trailer 3 $65,985.00 Kubota RTV 3 $48,890.76 EX Mark Zero turn Mower 3 $47,997.00 Dodge Ram 3500 & Dodge Ram 2500 7 $352,503.00 2026 Dodge Durango 1 $45,835.00 48 Inch Zero Turn Mower 1 $5,779.15 2026 Chevrolet Trax 1 $24,885.00
Compact Track Loader 3 $247,266.75
World Lawn 60” Zero Turn Mower 1 $10,199.15
Mini Excavator 305 Cab 1 $74,543.89
Mahindra 1635 Compact Utility Tractor 1 $47,075.00
TOTAL $l,013,256.10
File details come from the government source that posted it. Updated .