7-20260730075724 Jackson

The City of Jackson, Mississippi is requesting lease purchase interest rate proposals for vehicles and equipment totaling $1,013,256.10 under a three-year term, with proposals due August 18, 2026 at 3:30 p.m. central time.

The equipment list comprises 12 vehicles (seven Dodge Ram trucks, one 2026 Dodge Durango, and one 2026 Chevrolet Trax) and lawn care and construction equipment (three Gator Mowers, three Gooseneck Dump Trailers, three Kubota RTVs, three EX Mark Zero Turn Mowers, three Compact Track Loaders, one World Lawn 60" Zero Turn Mower, one Mini Excavator 305 Cab, and one Mahindra 1635 Compact Utility Tractor). Respondents must submit two sealed copies of their proposals, including 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 of September 25, 2026. The City of Jackson reasonably expects to be bank qualified for calendar year 2026.

Proposals must be submitted to the Municipal Clerk Department at 219 South President Street, Jackson, Mississippi 39201. The City reserves the right to reject any or all proposals. Questions may be directed to Courtney Bell, Finance Manager, at 601-960-2005.