Bid No. 20-046; Financing of Vehicles and Non-Heavy Equipment for the Department of Public Works

The City of Springfield, Massachusetts is seeking qualified and experienced financial institutions to provide a five-year financing agreement in the amount of $914,255.97 for the procurement of newly purchased municipal vehicles and non-heavy equipment for the Department of Public Works. The successful bidder will be required to provide the desired lease immediately upon execution of the resulting contract. The legal advertisement does not provide details on the specific evaluation criteria, but indicates that the City is soliciting bids from financial institutions that can meet the financing requirements. Proposals are due by October 7, 2019.

The legal advertisement does not specify any set-aside designations or restrictions on the types of organizations that can respond to this opportunity. There is also no information provided regarding any listed incumbent vendors or current contractors, or any existing infrastructure or technology that requires integration. The total available funding for this contract is $914,255.97, but the advertisement does not include a specific award value or budget range.