Lease-Purchase Financing for Miami County Rural Fire Apparatus

Miami County, Kansas, is soliciting bids under solicitation number 2026-09-RFB for lease-purchase financing to acquire four fire apparatus for the Miami County Rural Fire District #1. The total principal amount to be financed is 2,812,000 dollars, covering two Spartan Type 1 Engines for the Paola and Louisburg stations, one Spartan Engine with a Freightliner Chassis for the Oswatomie station, and one Spartan Tender for the Louisburg station. These vehicles are being acquired through the Houston-Galveston Area Council agreement. Bidders must provide optional financing terms for 10, 12, and 15-year periods, including a fixed interest rate with a 60-day rate lock commitment, a proposal rate adjustment formula, and detailed amortization schedules. The contract will be awarded to the bidder offering the overall lowest borrowing cost, including all associated fees. Bids must be submitted electronically via the county's e-procurement portal by October 22, 2026, at 2:00pm. The resulting agreement will be effective for approximately twelve months and is subject to the Kansas Cash Basis Law, meaning payments are obligated only from funds budgeted and appropriated annually. Key requirements for the successful bidder include obtaining a Tax Clearance Certification from the Miami County Purchasing Department and potentially providing a performance or statutory bond equal to 100 percent of the contract value. All equipment must be delivered FOB destination, with the contractor responsible for all packing, handling, shipping, and unloading.