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Finance the Procurement of Replacement Buses, Non-Bus Vehicles, Textbooks, and Instructional Computer Refresh FY2025
10/17/2024
$55,670,310.00
Upper Marlboro, Maryland
Board of Education of Prince George's County
The buyer is seeking financing services for the procurement of replacement buses, non-bus vehicles, textbooks, and instructional computer refresh for FY2025. The total amount to be financed is $55,670,310.00 over a 5-year period. The buyer requires the lowest fixed interest rate and total cost of financing. The selected vendor will need to set up an escrow account for fund disbursement and comply with all applicable regulations.
- 9/27/2024 - Questions Due
- 10/17/2024 - Proposal Due Date
- 12/17/2024 - Intended Funding Date
Refer to RFP
- Provide financing for $55,670,310 over 5 years with 5 equal annual payments
- Set up an escrow account for funds disbursement
- Offer lowest fixed interest rate and total cost of financing
- Comply with all applicable laws and regulations
- Provide required documentation and customer service
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