Lease-Purchase Financing for Vehicles and Equipment
City of Jackson > Department of Administration
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Description
The City of Jackson, Mississippi is seeking lease-purchase financing interest-rate proposals to fund the acquisition of 36 vehicles and equipment items totaling $1,991,740.10. The equipment list includes mowers, trailers, utility vehicles, trucks, an excavator, a compact track loader, a tractor, a knuckle boom loader, an asphalt paver, and a street sweeper. The proposed lease-purchase agreement will have a three-year term, with semiannual payments in arrears for principal and interest. Proposals must include the lease-purchase interest rate and an amortization schedule for the full $1,991,740.10 amount. The projected funding date is November 20, 2026.
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Documents
| Title | Date Posted |
|---|---|
| 94654-092926 -REQUEST FOR PROPOSALS LEASE PURCHASE EQUIPMENT | Sep 10, 2026 01:25 PM |
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