RFP 2025-08 Capital Lease Financing Services

Background
The County of Moore, North Carolina, is issuing a Request for Proposal (RFP) 2025-08 for Capital Lease Financing Services.
The purpose of this RFP is to obtain proposals from qualified firms to provide financing for the lease-purchase of essential equipment for the County's Public Safety Department.
This initiative aligns with the County's mission to ensure effective public safety services through adequate funding and resources.

Work Details
The selected firm will provide Capital Lease Financing Services for the lease-purchase of eighteen (18) Stryker Power-PRO 2 Powered Ambulance Cots (Model Number 6507).
The financing agreement will include maintenance for an additional five years following an initial two-year maintenance period.
A trade-in allowance of $32,500 will be provided for thirteen (13) Stryker Power-PRO XT Cots (Model Number 6506), pending approval as surplus by the Board of Commissioners.
The total budgeted amount for this project is $795,282.
Key contract specifications include:
- A desired financing term of seven years with annual lease payments made in arrears.
- Fixed interest rates guaranteed until contract execution or for 90 days.
- Specific clauses regarding non-substitution and non-appropriation in the lease agreement.

Period of Performance
The contract is expected to commence upon execution and will span a period of seven years, with annual payments structured accordingly.

Place of Performance
The services will be performed at the County of Moore, located at 1 Courthouse Square, Carthage, North Carolina.

Bidder Requirements
Bidders must submit a sealed proposal including one original and one copy by April 22, 2025.
Proposals must comply with all specified requirements including submission of a notarized Non-collusion Affidavit and E-Verify document.
Bidders are also required to complete a Vendor Application Form and agree to all contract specifications outlined in the RFP.