City of Lowell Request for Proposals for Equipment Installment Financing 2026
- Due
- Nov 27, 2026
- 24 days left
- Posted
- Oct 27, 2026
- Duration
- 59 months
- Primary contact
- Lisa Nolen
- (704) 824-3518
The 30-second brief
The City of Lowell, North Carolina is seeking proposals for an installment financing agreement in a principal amount not to exceed $60,000 for the acquisition and upfitting of a new 2027 Ford PI Utility vehicle for police patrol service. The desired term of the financing is 59 months with substantially level debt service payments, monthly or annual payments in arrears, and a fixed interest rate guaranteed for at least 60 days. The transaction is expected to close on or before January 31, 2027. Proposals must be received by 2:00 P.M. on November 27, 2026, via email to [email protected] or mailed to the City Clerk at 101 W. First Street, Lowell, NC 28098. Selection will be based substantially on the lowest total financing cost, including interest and additional costs.
Lowest total financing cost, ability to best meet the needs of the City
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Summary
The City of Lowell, North Carolina is seeking proposals for an installment financing agreement in a principal amount not to exceed $60,000 for the acquisition and upfitting of a new 2027 Ford PI Utility vehicle for police patrol service.
The desired term of the financing is 59 months with substantially level debt service payments, monthly or annual payments in arrears, and a fixed interest rate guaranteed for at least 60 days. The transaction is expected to close on or before January 31, 2027. Proposals must be received by 2:00 P.M. on November 27, 2026, via email to [email protected] or mailed to the City Clerk at 101 W. First Street, Lowell, NC 28098. Selection will be based substantially on the lowest total financing cost, including interest and additional costs.
EVALUATION CRITERIA
Lowest total financing cost, ability to best meet the needs of the City
- Submit to
- [email protected] or 101 W. First Street, Lowell, NC 28098
- Scope location
- Lowell, NC
Questions about this RFP
How do I respond to this RFP from City of Lowell?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 27, 2026. Submissions should be delivered to: [email protected] or 101 W. First Street, Lowell, NC 28098. For questions, contact Lisa Nolen.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Lowell in NC, 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 Lisa Nolen at (704) 824-3518. 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 total financing cost, ability to best meet the needs of the City" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Lowell?
All active and historical solicitations from City of Lowell are tracked and searchable. As a city agency, City of Lowell 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 59 months. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of November 27, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
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 Lowell for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Lowell, NC. Review the full solicitation for detailed scope requirements.