City of Saco Request for Proposal for Pricing Lease Purchase Financing 2026
City of SacoCity · Saco, ME- Due
- Jul 14, 2026
- Deadline passed
- Posted
- Jun 23, 2026
- Primary contact
- Samantha Bryant
The 30-second brief
The City of Saco, Maine is accepting proposals for the lease purchase financing of various vehicles approved in its 2027 Capital Improvement Plan. The equipment includes two 2027 Freightliner Patrol Trucks (#330, #333), one 2027 DPW Ford F-550 Truck (#354), one 2027 Chevy Tahoe SUV (#427), and one 2027 Fire Department Rescue Pumper. The estimated financing amount is $1,770,500, not to exceed $1,900,000. Lease terms are 10 years for the rescue pumper and 5 years for the other four vehicles, with level annual principal payments plus interest. Proposals must include interest rates, anticipated closing dates, and a proposed payment schedule. Submissions are due via email to Samantha Bryant, Deputy Finance Director, by July 14, 2026, at 2:00 PM.
Interest rate, basis for interest computation, anticipated closing date, payment schedule, locked-in interest rate period, additional fees/conditions, secured portal availability
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Summary
The City of Saco, Maine is accepting proposals for the lease purchase financing of various vehicles approved in its 2027 Capital Improvement Plan.
The equipment includes two 2027 Freightliner Patrol Trucks (#330, #333), one 2027 DPW Ford F-550 Truck (#354), one 2027 Chevy Tahoe SUV (#427), and one 2027 Fire Department Rescue Pumper. The estimated financing amount is $1,770,500, not to exceed $1,900,000. Lease terms are 10 years for the rescue pumper and 5 years for the other four vehicles, with level annual principal payments plus interest. Proposals must include interest rates, anticipated closing dates, and a proposed payment schedule. Submissions are due via email to Samantha Bryant, Deputy Finance Director, by July 14, 2026, at 2:00 PM.
EVALUATION CRITERIA
7- Interest rate
- Basis for interest computation
- Anticipated closing date
- Payment schedule
- Locked-in interest rate period
- Additional fees/conditions
- Secured portal availability
- Submit to
- [email protected]
- Scope location
- Saco, ME
Questions about this RFP
How do I respond to this RFP from City of Saco?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 14, 2026. Submissions should be delivered to: [email protected]. For questions, contact Samantha Bryant.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Saco in ME, 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 Samantha Bryant. Questions and answers are typically shared with all prospective bidders.
Show 4 more questions
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Interest rate, basis for interest computation, anticipated closing date, payment schedule, locked-in interest rate period, additional fees/conditions, secured portal availability" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Saco?
All active and historical solicitations from City of Saco are tracked and searchable. As a city agency, City of Saco 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. Review the full document from City of Saco for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Saco, ME. Review the full solicitation for detailed scope requirements.