City of Jackson Department of Administration Lease Purchase Financing Interest Rate Proposal - 94654-081826 (2026)
City of JacksonCity · Jackson, MS- Due
- Aug 18, 2026
- Deadline passed
- Contract term
- 3 years
- Primary contact
- Courtney Bell
- (601) 960-2005
The 30-second brief
The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to purchase $1,013,256.10 in vehicles and equipment under a three-year lease purchase agreement. Lease payments will be made semi-annually in arrears with the first payment six months from the funding date, projected for September 25, 2026. Proposals must include the lease purchase interest rate and a three-year amortization schedule for the $1,013,256.10 total. The city expects to be bank qualified for calendar year 2026. Sealed proposals are due by August 18, 2026 at 3:30 p.m. central time, submitted in two copies to the Municipal Clerk Department at 219 South President Street, Jackson, MS 39201.
Lease purchase interest rate, Amortization schedule for three (3) year period total of $1, 013, 256.10
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Summary
The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to purchase $1,013,256.10 in vehicles and equipment under a three-year lease purchase agreement.
Lease payments will be made semi-annually in arrears with the first payment six months from the funding date, projected for September 25, 2026. Proposals must include the lease purchase interest rate and a three-year amortization schedule for the $1,013,256.10 total. The city expects to be bank qualified for calendar year 2026. Sealed proposals are due by August 18, 2026 at 3:30 p.m. central time, submitted in two copies to the Municipal Clerk Department at 219 South President Street, Jackson, MS 39201.
REQUIRED DELIVERABLES
4- Lease purchase interest rate
- Amortization schedule for three (3) year period total of $1
- 013
- 256.10
- Submit to
- 219 South President Street, Jackson, MS 39201
- Scope location
- Jackson, MS
Questions about this RFP
How do I respond to this RFP from City of Jackson?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is August 18, 2026. The solicitation specifies required deliverables that must be addressed in your response. Submissions should be delivered to: 219 South President Street, Jackson, MS 39201. For questions, contact Courtney Bell.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Jackson in MS, 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 Courtney Bell at (601) 960-2005. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Lease purchase interest rate, Amortization schedule for three (3) year period total of $1, 013, 256.10. Proposals should clearly address how each deliverable will be met.
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Where can I find more RFPs from City of Jackson?
All active and historical solicitations from City of Jackson are tracked and searchable. As a city agency, City of Jackson 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 3 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 Jackson for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Jackson, MS. Review the full solicitation for detailed scope requirements.