Utah Public Procurement Place U3P #RA26-112

The Mosquito Abatement District - Davis in Utah is seeking proposals for real property lease financing to support major facility upgrades. - Government Buyer: - Mosquito Abatement District - Davis, located in Davis County, Utah - Project Scope: - Removal of three existing buildings - Construction of a new laboratory - Building a new pesticide storage facility - Expansion of the women's locker room - Minor modifications to the administration building - Financing Requirements: - $9,000,000 principal amount - 15-year lease purchase agreement with level annual payments - Tax-exempt and bank-qualified lease - Flexible prepayment (early redemption) options desired - Security provided by annually-appropriated lease payments from the general fund and a leasehold interest in the property - Proposal Requirements: - Payment schedule, cost and fees, early redemption features, and vendor qualifications - Provision of all necessary legal and security documents - Forms for evaluating flood plains, environmental hazards, and chemical storage requirements - OEMs and Vendors: - No specific OEMs or vendors mentioned; open to financial institutions capable of municipal lease purchase financing - Place of Performance: - Mosquito Abatement District Facility, 85 North 600 West, Kaysville, UT - Davis County, UT - Notable Requirements: - Lease closing within 30 days of proposal acceptance - Selection committee will evaluate proposals based on qualifications, payment schedule, costs, and call features

The Davis Mosquito Abatement District is seeking proposals for a real property lease financing to fund facility upgrades including removal of three buildings, construction of a new lab and pesticide storage building, expansion of the women's locker room, and modifications to the administration building. The district plans to finance this $9,000,000 project through a 15-year lease purchase agreement with level payments. Proposals are due by April 3, 2026, and should include a payment schedule, cost and fees, early redemption features, and qualifications.