268-20250825152734 Jackson

The City of Jackson, Mississippi, is seeking lease purchase financing proposals for the procurement of 15 Dodge Durango public safety vehicles through a competitive Request for Proposal (RFP) process. The total acquisition cost is $609,000.00, with the city requesting a three-year lease purchase agreement featuring semi-annual payments made in arrears. Proposals are due on September 9, 2025, at 3:30 PM central time, and must be submitted as two sealed copies to the Municipal Clerk Department, marked with RFP# 94654-09092. Interested parties are required to provide a detailed amortization schedule reflecting the lease purchase interest rate, and the proposal should demonstrate the financial terms for financing the vehicle fleet. The city anticipates being non-bank qualified for calendar year 2025 and reserves the right to reject any or all proposals submitted. Potential bidders can direct questions to Courtney Bell, Finance Manager, at (601)960-2005, and proposal documents can be downloaded from the City of Jackson website (www.jacksonms.gov) or obtained from the Department of Administration.

The RFP does not explicitly outline specific set-aside designations or restrictions for disadvantaged enterprises. The procurement appears to be open to financial institutions and lease financing providers capable of meeting the city's requirements for public safety vehicle financing. The first payment is projected to occur six months from the anticipated funding date of September 30, 2025. While no incumbent vendors are mentioned, the procurement is specifically targeted at securing lease purchase financing for vehicle acquisition. The total budget for this procurement is $609,000.00, covering the cost of 15 Dodge Durango vehicles. Potential respondents should be prepared to provide comprehensive financial proposals that demonstrate competitive interest rates, flexible payment terms, and a clear understanding of the city's public safety vehicle fleet enhancement objectives.