NCL Government Capital — Tax-exempt municipal leasing and financing

Master Agreement 092424 is a cooperative purchasing contract between Sourcewell, a Minnesota local government unit, and Lease Servicing Center, Inc., operating as NCL Government Capital. The agreement provides tax-exempt municipal leasing and related financing solutions to participating government entities across the United States and Canada. This contract was established following a competitive solicitation process that began with a request for proposals on September 24, 2024, and concluded with a board ratification of the award on December 17, 2024. The contract is governed by NAICS code 522220 and carries a four-year term that expires on November 15, 2028, with the possibility of further extensions. It defines the scope of available financing solutions, establishes pricing constraints, and requires the supplier to maintain strict compliance and eligibility standards. Key points of contact for the agreement include Chris Canavati and Katie Vangsness for NCL Government Capital, and Hugh Oliver and Melissa Beyer representing Sourcewell.