New York State Contract Reporter #C004562

SUNY seeks $51M tax-exempt lease financing for medical and IT equipment at Syracuse Upstate Medical Center

SUNY System Administration is seeking bids from equipment lessors to provide $51 million in tax-exempt lease financing for a wide range of medical and IT equipment at SUNY Syracuse Upstate Medical Center and its affiliates in Onondaga County. - Government Buyer: - State University of New York (SUNY) System Administration, Office of Business Affairs - Dormitory Authority of the State of New York (DASNY), SUNY Syracuse Upstate Medical Center - Equipment to be financed includes: - Linear accelerators, nuclear medicine units, ultrasound machines, C-Arms, mammography units (including digital and replacement units), lab equipment (including bioMerieux clinical diagnostic systems, hematology, histology/IHC, cytology, core lab equipment), patient monitors (including Philips Patient Monitor Phase 4), anesthesia machines, radiology workstations (with Barco monitors), telemetry equipment, beds, computers, IT/network equipment (including IT refresh, blade servers for FUJI PACS, telephone systems, AV equipment), Athena Weapons Detection System, Zoll defibrillators, Baxter VSMs, wound VAC replacements, pharmacy compliance packing hardware, and furniture/casework for lab relocation. - Notable OEMs mentioned: - bioMérieux (clinical diagnostic systems) - Philips (patient monitors) - GE Healthcare (cardiac and vascular ultrasound machines) - Barco (radiology monitors) - Zoll (defibrillators) - Baxter (vital signs monitors) - FUJI (PACS radiology system) - Athena (weapons detection system) - Unique requirements: - Bidders must be approved lessors under the DASNY Tax-Exempt Equipment Lease Program (TELP) with experience in large-ticket, tax-exempt leasing - Fixed five-year interest rate lock, calculated using specified financial indexes, with all transaction costs included in the rate - Progress payments to equipment vendors from escrowed funds over an 18-month drawdown period - No subcontracting permitted; compliance with DASNY and New York State contract provisions - Estimated contract value: $51,000,000 - No option years specified; five-year lease term with semi-annual payments in arrears

Description

The State University of New York (SUNY) is requesting bids from equipment lessors to fund medical equipment and management information systems for SUNY's Syracuse University Hospital (Upstate Medical Center) and affiliates in Onondaga County. The Dormitory Authority of the State of New York (DASNY) has established the Tax-Exempt Equipment Lease Program (TELP) which provides SUNY with access to tax-exempt equipment lease financing. A $51,000,000 application has been filed with DASNY. The project includes a variety of medical equipment such as a linear accelerator, nuclear medicine unit, ultrasound machines, C-Arms, mammography units, lab equipment, monitors, anesthesia machines, radiology workstations, telemetry equipment, beds, computer systems, IT equipment, and other medical equipment. Bidders must have an established track record in large ticket tax-exempt leasing, be approved lessors under the DASNY TELP program, and be willing to fund progress payments from escrowed funds. No subcontracting is allowed.

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