Lease Purchase proposals will be received by the City of Jackson, Mississippi no later than 3:30 p.m. central time on Tuesday, September 29, 2026. Please submit two (2) copies Of sealed proposals to the City of Jackson, Mississippi marked "RFP# 94654-0929

The City of Jackson, Mississippi, is soliciting interest rate proposals for lease purchase financing to acquire 36 vehicles and pieces of equipment, including mowers, trailers, trucks, and heavy machinery, totaling $1,991,740.10. The requested agreement is for a three-year term with a projected funding date of November 20, 2026. Payments are to be made semi-annually in arrears, consisting of equal payments for principal and interest, with the first payment due six months after the funding date. The City expects to be non-bank qualified for the 2026 calendar year. Interested parties must submit two sealed copies of their proposal to the Municipal Clerk Department by 3:30 p.m. central time on Tuesday, September 29, 2026. Proposals must be clearly marked with RFP# 94654-092926 and must include the proposed lease purchase interest rate and a corresponding amortization schedule for the three-year period based on the total principal of $1,991,740.10. For further information, contacts include Finance Manager Courtney Bell and Monica Oliver.