Police Utility Vehicle Financing

The City of Lowell is seeking proposals for up to $60,000 in installment financing for a new police utility vehicle and its patrol-service upfit, with proposals due November 27, 2026.

City of Lowell


General
Open
Nov 27, 2026 07:00 PM
Oct 30, 2026 12:00 PM
$60,000.00
4 years 11 months
Request for Proposal (RFP)
Local
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Original Solicitation Links
Contact
lnolen@lowellnc.com
+17048243518
Submission Instructions
Email

or

Mail
City of Lowell City Clerk, 101 W. First Street, Lowell, NC 28098
Description

The City seeks proposals for installment financing of up to $60,000 to acquire and upfit a new 2027 Ford Police Interceptor Utility vehicle for police patrol service. The financing is intended to have a 59-month term, substantially level payments, a fixed interest rate, and monthly payments in arrears. Proposals should state repayment and optional prepayment terms, identify all financing-related fees and whether they are capped, explain how proceeds will be held and invested pending expenditure, and include sample debt service schedules. The City expects to close the transaction by January 31, 2027. The vehicle project includes police patrol upfit equipment, communications equipment, emergency lighting, installation, and related acquisition costs.

Classification Codes
NAICS525990Other Financial Vehicles
PSC2310Passenger Motor Vehicles
Smart Codes
municipal vehicle financingpolice vehicle upfittingpolice patrol vehicles
Specifications
Supply & Service
No
Timeline
Nov 27, 2026 07:00 PM-Proposal Submission Deadline
Dec 8, 2026-City Council Consideration of Winning Proposal
Jan 31, 2027-Desired Financing Closing Deadline
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