Opportunity
Mississippi Procurement Portal #3170036589
City of Jackson, MS Seeks Lease Purchase Financing for Vehicles and Equipment
Posted
September 18, 2026
Respond By
September 26, 2026
Identifier
3170036589
NAICS
532490
The City of Jackson, Mississippi Department of Administration is seeking proposals for lease purchase financing to acquire a range of vehicles and equipment totaling $1,991,740.10. - Government Buyer: - City of Jackson, Mississippi - Department of Administration, Municipal Clerk Department - Requested Products and Equipment: - 3 Gator Mowers - 3 Gooseneck Dump Trailers - 3 Kubota RTVs (OEM: Kubota) - 3 EX Mark Zero Turn Mowers (OEM: EX Mark) - 7 Dodge Ram 3500 & 2500 trucks (OEM: Dodge) - 1 Dodge Durango (2026 model) (OEM: Dodge) - 3 Dodge Durango SUVs (OEM: Dodge) - 1 48 Inch Zero Turn Mower - 1 2026 Chevrolet Trax (OEM: Chevrolet) - 3 Compact Track Loaders - 1 World Lawn 60" Zero Turn Mower (OEM: World Lawn) - 1 Mini Excavator 305 Cab - 1 24" HD Bucket -305 - 1 Mahindra 1635 Compact Utility Tractor (OEM: Mahindra) - 1 Nissan Frontier (OEM: Nissan) - 1 Knuckle Boom Loader - 1 Asphalt Paver - 1 Broom Street Sweeper - Financing Service: - Lease purchase financing for the above equipment - Three-year term with semi-annual payments (principal and interest) - Proposals must specify interest rate and provide a three-year amortization schedule - Notable Requirements: - City expects to be non-bank qualified for the calendar year - Proposals must be submitted in two sealed copies and marked with the RFP number - Highlighted OEMs: Kubota, EX Mark, Dodge, Chevrolet, World Lawn, Mahindra, Nissan
Description
The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to finance the purchase of vehicles and equipment totaling $1,991,740.10. The lease purchase agreement will span three years with semi-annual payments covering principal and interest. Proposals must include the lease purchase interest rate and an amortization schedule for the three-year period. The City expects to be non-bank qualified for the calendar year 2026. Proposals are due by September 29, 2026, at 3:30 PM.