Vehicle and Equipment Financing

The City of Jacksonville, North Carolina, is seeking financing proposals for vehicles and equipment through a 59-month installment purchase agreement of up to $3,075,567.

City of Jacksonville > Finance and Administration Department


General
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RFP FY27 Financing 59 Months City Vehicles, Equipment, and S
Nov 06, 2026 04:00 PM
Oct 16, 2026 08:08 PM
$3,075,567.00
4 years 11 months
Request for Proposal (RFP)
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Original Solicitation Links
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RFP FY27 Financing 59 Months City Vehicles, Equipment, and S

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rfp fy27 financing 59 months city vehicles, equipment, and software

Contact
rscott@jacksonvillenc.gov
+19109385237
Submission Instructions
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Description

The City of Jacksonville is seeking proposals from financing institutions for an installment purchase agreement to finance vehicles and equipment, with a maximum amount of $3,075,567 and a 59-month repayment period. The proposed schedule should use monthly amortization, payments in advance, and level principal payments. Proposals should describe similar financing completed in North Carolina, provide a complete issuance-cost structure and proposed rates, address tax-exempt considerations, and include the requested early-termination and rate-commitment terms. The City anticipates closing by November 30, 2026.

Classification Codes
NAICS522220Sales Financing
PSCW025Lease or Rental of Equipment: Vehicular Equipment Components
Smart Codes
municipal vehicle financingequipment financingsoftware financing
Specifications
Service Only
Timeline
Oct 16, 2026-Publication Date
Nov 06, 2026 04:00 PM-Proposal Submission Deadline
Nov 30, 2026-Anticipated Contract Closing
Requirements
Informational
Documents
TitleDate Posted
COJ Terms & Conditions 2.21.2020.pdfOct 09, 2020 03:17 PM
RFP FY27 Financing 59 months.pdfOct 16, 2026 08:07 PM
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