This Solicitation opportunity from Pennsylvania was posted on July 28, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Request for Proposals for Capital Lease Financing of Township Vehicles and Equipment (Contract #C-26-001)
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Radnor Township, located in Delaware County, Pennsylvania, is soliciting proposals from qualified financial institutions under solicitation number C-26-001 to enter into a tax-exempt capital lease agreement. The purpose of this financing is to acquire essential Public Works Department equipment, specifically one new tandem dump truck, one new sanitation truck, and one new mower, for a combined total cost of 715,206.99 dollars. The township is seeking lease terms of five, seven, and maximum years, with annual payments scheduled to begin on January 15, 2027. Interested financial institutions must submit their proposals online by the deadline of August 7, 2026. Proposals are required to include detailed repayment schedules, interest rates, and escrow arrangements, while adhering to non-appropriation clauses and all applicable municipal, state, and federal affirmative action and equal employment opportunity requirements. The selection process will be based on specific evaluation criteria outlined in the request for proposals to ensure the most favorable financing conditions for the township.
General Info
Place of Performance
Delaware County, PA, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Interested Companies (26)
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Full Description
The Township of Radnor is soliciting proposals from qualified financial institutions to enter into a tax-exempt capital lease agreement with the Township of Radnor for the financing of various capital purchases as follows:
VEHICLE/EQUIPMENT and COST ● One (1) (new) “Tandem Dump Truck” $ 273,522.00 ● One (1) (new) “Sanitation Truck” $ 296,473.00 ● One (1) (new) “Mower” $ 145,211.99 GRAND TOTAL $ 715,206.99
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