Re-Solicitation for Supplementation of PreQual Leasing Contr

The State of Michigan Department of Technology, Management and Budget (DTMB) issued Request for Proposal (RFP) No. 210000000570 to supplement its Financial Leasing Prequalification Program through a re-solicitation designed to expand the pool of qualified financial lease providers. This procurement seeks equipment financing services structured as a two-tier system in which bidders must first qualify under Tier I by accepting the Master Equipment Lease Agreement terms, then compete in Tier II when the State issues specific Requests for Financing Proposals for individual equipment leases. The primary objective is to increase competition among financial leasing providers for equipment financing of $500,000 or greater with fixed interest rates amortized monthly or annually, with lease payments made through electronic fund transfer. Required qualifications include the ability to appoint a dedicated representative available during standard business hours via toll-free number, maintain records for three years following lease termination or expiration, and comply with Michigan business tax certification, Iran-linked business prohibitions, clean corporate citizen requirements, and anti-discrimination provisions. Evaluation operates on a Pass/Fail basis, and the State reserves the right to consider prior performance, qualified disabled veteran status, economic impact to Michigan, and total cost of ownership in making awards to responsive and responsible bidders offering best value. The deadline for bidder questions was January 15, 2021 at 12:00 p.m. Eastern with answers posted by January 19, 2021, proposals were due January 26, 2021 at 3:00 p.m. Eastern, and the anticipated contract commencement date is March 16, 2021.

Contractors previously awarded contracts under the original RFP 190000000197 are explicitly excluded from responding to this supplementation solicitation. The State considers qualified disabled veteran status as an evaluation factor, indicating a preference for minority and disadvantaged business participation. No specific incumbent vendors are identified in the supplementation RFP, as this procurement seeks to add new prequalified providers to an existing program rather than replace current contractors. The State assumes all risk of loss or damage to equipment following acceptance, and lease payment obligations are unconditional except in cases of non-appropriation of funds, which addresses key terms of the leasing arrangement. Contracts exceeding $500,000 require State Administrative Board approval. While specific award values or budget ranges are not disclosed in the RFP, the minimum lease amount threshold is $500,000, and bidders should anticipate participation in a prequalification program that will generate individual financing opportunities over the contract term.