This bid is for lease-purchase financing for four fire apparatus serving Miami County, Kansas, with a project contact location at 209 S Pearl St, Paola, KS 66071.
This bid has closed.
Buyers often post the same work again. Set an alert below and we will email you when a similar Kansas bid is posted.
What the job is
Financing amount: Approximately $2,812,000, subject to final equipment pricing.
Equipment: Two Spartan Type 1 engines with Spartan chassis ($778,000 each), one Spartan engine with Freightliner chassis ($706,000), and one Spartan tender ($550,000).
Terms: Quote fixed interest rates and total financing costs for 10-, 12-, and 15-year options, with approximately level annual lease payments.
Payment schedule: Principal paid annually on September 1, starting September 1, 2027; interest paid semiannually on March 1 and September 1, starting March 1, 2027.
Rate commitment: Include a 60-day rate lock from October 22, 2026, and a rate adjustment formula if funding occurs later.
Lease structure: Tax-exempt, bank-qualified financing with termination for non-appropriation of funds.
Quote details: Include amortization schedules for each term, all fees, and prepayment options and costs, stating whether penalty-free prepayment is available.
XL Eagle