DOCUMENT

RFP - Equipment Lease Financing Agreement Drafting Services 2008

  • YEAR CREATED: 2008
  • ENTITY TYPE: City/Township
  • TYPE OF DOCUMENT: RFP - Request for Proposals
This document is a Request for Proposals (RFP) for a Master Municipal Lease Agreement between the City of Lubbock, Texas (Lessee) and a potential Lessor. The purpose of the agreement is to lease various equipment to the City of Lubbock. The document provides information on the terms and conditions of the lease agreement, including the lease terms and financing options. It specifies that equipment on a five-year term will use the five-year Treasury Note as the relevant index, while equipment on a seven-year term will use a different index. The document also outlines the evaluation criteria that will be used to select the winning proposal, which includes factors such as cost, financial stability, and experience. It provides instructions for submitting the proposals and contact information for the Purchasing Manager. Additionally, it mentions that the City does not expect to pay any attorney fees or other charges required by the lending institution for the closing activities. The document provides a link to more detailed information on the government's financial reports and operating budget. It also includes a cost proposal form that the Offeror needs to fill out and submit along with their proposal. The document ends with a standard Master Lease Agreement form that will govern the structure of the transaction.
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