City of Hartford PlanetBids #6277

Hartford Master Lease Financing for Vehicles, Equipment, and IT Infrastructure

The City of Hartford is seeking proposals for a Master Equipment Lease/Purchase Agreement to finance a wide range of vehicles and equipment for city departments. - Government Buyer: - City of Hartford Procurement Services Unit - Key contact: Rachel Botts, Senior Buyer - Scope of Financing: - Up to $25 million facility for equipment and vehicle acquisition - Covers fire apparatus (ladder trucks, pumper trucks, rescue units, pickups, bucket trucks, SUVs) - Department of Public Works (DPW) equipment: dump trucks, plow trucks, waste trucks, streetsweepers, payloaders, utility vans, tractors, mowers, leaf blowers, small SUVs, and specialized shop equipment - Information technology: core edge switch, data center network equipment, firewall gateways, hosted voice infrastructure, and network upgrades for public safety complex - Products/Services Requested: - Financing services for all listed equipment and vehicles under a master lease/purchase structure - Lease terms of 3 to 7 years, with tax-exempt schedules and flexible prepayment options - Annual appropriations and options to renew - Notable Requirements: - No specific OEMs named; solicitation is open to all qualified financial institutions and lessors - 10% bid surety, affirmative action and EEO compliance, insurance, and potential MWBE/small contractor set-asides - NAICS codes include commercial banking, credit, investment, and trust activities - Place of Performance: - City of Hartford, Procurement Services Unit, 550 Main Street, Hartford, CT 06103

Description

The City of Hartford is soliciting pricing and terms for the establishment of a Master Equipment Lease/Purchase Agreement. The purpose of this agreement is to finance motor vehicles and other equipment to be used by various City departments in performing essential government functions. The solicitation requires electronic bid submissions and is open to all qualified bidders. There is no restriction on bidders, and a Q&A period is available until May 7, 2026.

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