Award Information

This is an Award Information document for the City of Waycross, Georgia, related to financing for a new Pierce Saber Pumper fire truck. The City of Waycross is seeking proposals from financial institutions to finance the purchase of a 2023 Pierce Saber Pumper truck with a maximum cost not to exceed $615,250.00. The financing term is five years with sixty monthly payments, and the truck will be purchased during the City's fiscal year 2024, which runs from July 1, 2023 through June 30, 2024.

The procurement requires financial institutions to submit financing proposals for the specified truck purchase amount and term. Pricing and financing terms will be evaluated based on the proposals submitted by qualified lenders. The City anticipates utilizing the financing structure to spread the $615,250.00 capital expenditure across the five-year period through monthly installments during the contract term.