Equipment Lease Financing and Refinancing
Wayne-Finger Lakes Board of Cooperative Educational Services > Business Office
Original Solicitation Links
Master Lease Purchase Agreement WFL 2027-21
]https://wflboces.ionwave.net/PublicDetail.aspx?bidID=350&SourceType=1Contact
Submission Instructions
Description
Three New York Board of Cooperative Educational Services organizations seek a qualified bank, trust company, or authorized subsidiary or affiliate to provide a master lease-purchase line of credit for equipment acquisitions and refinancing of existing equipment leases. The primary equipment is technology hardware, associated software, and related products. The agreement establishes financing terms for separate transactions during the contract period; the amount and frequency of transactions are not guaranteed. Estimated maximum 2027 financing is $5 million for Monroe #1 BOCES, $2 million for Monroe 2-Orleans BOCES, and $3 million for Wayne-Finger Lakes BOCES. Bidders must provide financing rates for 3-, 4-, and 5-year equipment schedules, fees, sample proposed lease and related contract documents, and the specified qualifications and references. The initial contract period is January 1 through December 31, 2027, with up to four additional one-year extensions by mutual agreement. Bids may be submitted sealed in hard copy or electronically through the named procurement portal; the solicitation says to use one method, not both.
Classification Codes
Smart Codes
Specifications
Timeline
Requirements
- Minimum 3 references
- Within the last 1 year
- Client point of contact required for each reference
Documents
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