Golf Cart Financing

The Commonwealth of Kentucky Finance and Administration Cabinet, on behalf of the Tourism, Arts, & Heritage Cabinet's Kentucky Department of Parks (KDP), is seeking financing vendors for golf cart fleets across 13 golf courses located at 44 Kentucky State Parks through Request for Proposal (RFP 758 2500000169). The procurement requires vendors to provide comprehensive financing solutions, specifically multiple financing agreement types including Fair Market Value Leases and Conditional Sales Agreements with $1 buyout or stated purchase price options. Vendors must maintain active Vendor Operating Agreements with golf cart distributors and demonstrate expertise in financing golf cart procurement. The technical proposal evaluation will assess vendor qualifications across five key areas: vendor background (100 points), account management (200 points), relevant experience (300 points), vendor operating agreements (300 points), and value-added services (100 points), with potential additional points for oral presentations. The proposal submission deadline has been extended to February 19, 2025, at 3:30 PM ET, with vendor questions having been due by January 31, 2025. The initial contract term is one year, with potential for four additional two-year renewal periods based on mutual agreement.

The contract allows participation by all state agencies and political subdivisions, including cities, counties, and school districts, effectively broadening its potential usage across Kentucky. While no specific set-aside designations for disadvantaged enterprises were explicitly mentioned, vendors must demonstrate robust operational capabilities and financial expertise. The Commonwealth currently has existing contracts with EZGO and Yamaha golf cart manufacturers, suggesting potential integration requirements with these existing vendor relationships. All financing quotes must remain valid for a minimum of 30 days and be submitted without additional fees. Though specific budget ranges were not detailed, the comprehensive nature of the RFP indicates a significant procurement scale covering golf cart fleet financing for 44 state parks. The Commonwealth intends to award the number of contracts necessary to fulfill the Kentucky Department of Parks' comprehensive golf cart financing requirements, suggesting potential for multiple vendor selections based on proposed solutions and evaluation criteria.