City of Anderson Equipment Lease Purchase Financing 2026 - RFP
City of AndersonCity · Anderson, SC- Due
- Oct 7, 2026
- Deadline passed
- Contract term
- 10 years
- Primary contact
- Margot Martin
- (864) 231-2203
The 30-second brief
The City of Anderson, South Carolina is requesting proposals from banks and financial institutions for a tax-exempt lease-purchase financing not exceeding $2,500,000 to acquire a fire engine ($1,105,346.50 estimated) and a rescue truck ($1,244,653.50 estimated), for a total estimated equipment cost of $2,350,000. Bidders must submit a proposal specifying a single fixed rate of interest for the total principal amount, with annual principal and interest payments commencing November 1, 2027 through November 1, 2036. The financing will be designated as a qualified tax-exempt obligation under Section 265 of the Internal Revenue Code. Proposals are due by October 7, 2026, at 12:00 noon South Carolina Time, to be delivered electronically by e-mail to City officials and advisors.
Lowest financing costs, interest rate, prepayment penalties, additional credit or underwriting approval, additional covenants and terms
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Summary
The City of Anderson, South Carolina is requesting proposals from banks and financial institutions for a tax-exempt lease-purchase financing not exceeding $2,500,000 to acquire a fire engine ($1,105,346.50 estimated) and a rescue truck ($1,244,653.50 estimated), for a total estimated equipment cost of $2,350,000.
Bidders must submit a proposal specifying a single fixed rate of interest for the total principal amount, with annual principal and interest payments commencing November 1, 2027 through November 1, 2036. The financing will be designated as a qualified tax-exempt obligation under Section 265 of the Internal Revenue Code. Proposals are due by October 7, 2026, at 12:00 noon South Carolina Time, to be delivered electronically by e-mail to City officials and advisors.
EVALUATION CRITERIA
5- Lowest financing costs
- Interest rate
- Prepayment penalties
- Additional credit or underwriting approval
- Additional covenants and terms
- Submit to
- [email protected]; [email protected]
- Scope location
- Anderson, SC
Questions about this RFP
How do I respond to this RFP from City of Anderson?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 7, 2026. Submissions should be delivered to: [email protected]; [email protected]. For questions, contact Margot Martin.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Anderson in SC, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Margot Martin at (864) 231-2203. Questions and answers are typically shared with all prospective bidders.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Lowest financing costs, interest rate, prepayment penalties, additional credit or underwriting approval, additional covenants and terms" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Anderson?
All active and historical solicitations from City of Anderson are tracked and searchable. As a city agency, City of Anderson regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 10 years. Contract terms may include renewal options.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from City of Anderson for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Anderson, SC. Review the full solicitation for detailed scope requirements.