Equipment Lease-Purchase Financing, 2026

The City of Spartanburg, South Carolina is seeking competitive proposals to secure up to $4,500,000 in tax-exempt lease-purchase financing for the acquisition of specified equipment, with the financing intended to support public infrastructure and operational needs. Interested banks and financial institutions must submit detailed proposals outlining interest rates and terms, leveraging the City’s tax-exempt status to offer cost-effective funding solutions. The solicitation, identified as 2526-05-19-01, was posted on April 30, 2026, with responses required by May 19, 2026, at 4:00 p.m. Eastern Time, and is classified under NAICS code 522110, indicating its focus on financial activities related to leasing and financing. The procurement is open to all qualified financial institutions without any set-aside restrictions and is administered by the City of Spartanburg under the State of South Carolina’s oversight. Proposals must be submitted in accordance with the City’s guidelines, and all financing arrangements will be structured as lease-purchase agreements to comply with applicable municipal finance regulations. Carl F. Wright serves as the primary point of contact for inquiries, with communications directed to his email and phone number provided in the solicitation. The equipment to be financed will be deployed within Spartanburg, and all financial terms must align with the City’s objectives for long-term fiscal responsibility and operational efficiency.