City of Hyattsville - Master Lease Agreement Financing RFP # FIN2027-001 (2026)
City of HyattsvilleCity · Hyattsville, MD- Due
- Oct 7, 2026
- Deadline passed
- Posted
- Sep 10, 2026
- Primary contact
- Ben Brosch
- (301) 985-5000
The 30-second brief
The City of Hyattsville, Maryland, invites proposals from financial institutions to establish a Master Lease Financing Contract for purchasing or refinancing tax-exempt eligible property, including motor vehicles, garage/recycling trucks, street sweepers, non-road use vehicles, and material handling equipment, on an as-needed basis. Net proceeds required are $3,000,000 to $5,000,000 for 3-year leases and $5,000,000 for 5-year leases. Proposals are due by October 7, 2026, at 4:00 PM. Questions are due by September 22, 2026, at 8:00 AM, with responses posted by September 29, 2026, at 4:00 PM. Evaluation criteria include acceptability of the proposed approach, ease of execution, proposed contract requirements, and life-cycle costs including interest rate and fees.
Acceptability of approach proposed, ease of execution, proposed contract requirements, life-cycle costs (including interest rate and fees)
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Summary
The City of Hyattsville, Maryland, invites proposals from financial institutions to establish a Master Lease Financing Contract for purchasing or refinancing tax-exempt eligible property, including motor vehicles, garage/recycling trucks, street sweepers, non-road use vehicles, and material handling equipment, on an as-needed basis.
Net proceeds required are $3,000,000 to $5,000,000 for 3-year leases and $5,000,000 for 5-year leases. Proposals are due by October 7, 2026, at 4:00 PM. Questions are due by September 22, 2026, at 8:00 AM, with responses posted by September 29, 2026, at 4:00 PM. Evaluation criteria include acceptability of the proposed approach, ease of execution, proposed contract requirements, and life-cycle costs including interest rate and fees.
EVALUATION CRITERIA
4- Acceptability of approach proposed
- Ease of execution
- Proposed contract requirements
- Life-cycle costs (including interest rate and fees)
REQUIRED ATTACHMENTS
12- Statement of Interest
- Term Sheet
- Financing Calendar
- Interest Rate
- Fee Disclosure
- Acknowledgement of any Addendum Issued
- Contract Information
- Proposal Form Price Authorization
- Insurance Requirement- COI
- Company Background
- References (3)
- Attachments #1-3
- Submit to
- The City of Hyattsville, 4310 Gallatin Street, Hyattsville, Maryland 20781, Attn: Nate Groenendyk, City Clerk
- Scope location
- Hyattsville, MD
Questions about this RFP
How do I respond to this RFP from City of Hyattsville?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 7, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: The City of Hyattsville, 4310 Gallatin Street, Hyattsville, Maryland 20781, Attn: Nate Groenendyk, City Clerk. For questions, contact Ben Brosch.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Hyattsville in MD, 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 Ben Brosch at (301) 985-5000. 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: "Acceptability of approach proposed, ease of execution, proposed contract requirements, life-cycle costs (including interest rate and fees)" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Hyattsville?
All active and historical solicitations from City of Hyattsville are tracked and searchable. As a city agency, City of Hyattsville regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
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. This solicitation specifically requires the following attachments: Statement of Interest, Term Sheet, Financing Calendar, Interest Rate, Fee Disclosure, Acknowledgement of any Addendum Issued, Contract Information, Proposal Form Price Authorization, Insurance Require. Review the full document from City of Hyattsville for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Hyattsville, MD. Review the full solicitation for detailed scope requirements.