Equipment Financing Bid

The Metropolitan Airports Commission (MAC) is seeking equipment financing for specialized airport maintenance and emergency response equipment through a competitive bid process. The procurement involves financing a comprehensive list of airport equipment, including one ARFF 8x8 4500-gallon truck with HRET, one piping and tank retrofit for an ARFF 3000-gallon truck, one ERT response vehicle, five multi-functional equipment units (MFE), and three runway chemical application trucks with plows. The total financing amount is $11,235,500, structured as a 10-year financing-to-own arrangement with 20 equal semi-annual payments due in advance every March and September. Bids are due on September 12, 2025, at 2:00 PM, with questions and requests for addendum to be submitted by August 28, 2025. The evaluation criteria will focus on the best financial terms, with MAC reserving the right to accept or reject any or all bids. Vendors must quote all items for the 10-year term and provide a proposed payment schedule with their response.

The solicitation does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. The financing will be conducted on a tax-exempt, non-bank qualified basis, with MAC holding title to the equipment while the lessor maintains a first priority security interest. The procurement is open to vendors who can provide comprehensive equipment financing, with the expectation that equipment will be acquired through State of Minnesota government contracts, cooperative agreements through the Airports Purchasing Group (APG), U.S. Communities, or other authorized cooperative entities where competitive bidding was previously utilized. Lease payments will be funded solely from MAC's Operating Fund, consisting of Enterprise Revenues, and are absolute and unconditional regardless of equipment performance. The potential award value is $11,235,500, with individual equipment costs ranging from $125,000 for the ERT response vehicle to $6,200,500 for the five multi-functional equipment units. Equipment is expected to be delivered and accepted within the first 18 months of the agreement.