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This Solicitation opportunity from New York was posted on September 16, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

SUNY Syracuse 2027 Series XXVII

Closed
2139128State & Local

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The State University of New York is seeking bids from qualified equipment lessors to provide 51,000,000 dollars in tax-exempt equipment lease financing for the Syracuse University Hospital (Upstate Medical Center) and its affiliates in Onondaga County. This procurement is facilitated through the Dormitory Authority of the State of New York Tax-Exempt Equipment Lease Program. The funding will support a wide array of medical equipment and management information systems, including linear accelerators, nuclear medicine and mammography units, ultrasound machines, C-Arms, laboratory equipment, patient monitors, beds, and various IT and network systems. The contract term is five years, with a targeted closing date of February 26, 2027. Eligible bidders must be approved lessors under the DASNY TELP program with a proven track record in large ticket tax-exempt leasing and a willingness to fund progress payments from escrowed funds. Subcontracting is strictly prohibited. Proposals must be submitted via email to Erik Finkel by October 14, 2026. Required submission materials include a signed bid response featuring a five-year fixed rate lock, an illustrative amortization schedule created in Excel, a specified lease payment methodology, and a completed M-WBF Utilization Plan. Selection will be made at the sole discretion of SUNY based on bid competitiveness and the vendor's ability to meet the project timeframe.

General Info

SUNY seeks bids for 51 million dollars in tax-exempt medical equipment lease financing.

Documents

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Timeline

PhaseClosed
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Organization & Contact Information

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AgencyState University of New York (SUNY)
Contacts2 people available
OfficeN/A
Office AddressN/A
Contacts
Erik FinkellContract Administrator
Erik FinkellContract Administrator

Full Description

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Equipment Leasing Description: The State University of NY is requesting bids from equipment lessors to fund medical equipment and management information systems for SUNY's Syracuse University Hospital (Upstate Medical Center) and affiliates in Onondaga County. The Dormitory Authority of the State of NY (DASNY) has established the Tax‑Exempt Equipment Lease Program (TELP) which provides SUNY with access to tax‑exempt equipment lease financing. A $51,000,000 application has been filed with DASNY. The project includes a linear accelerator, nuclear medicine unit, ultrasound machines, C-Arms, mammography units, lab equipment, monitors, anesthesia machines, radiology workstations, telemetry equipment, beds, computer systems and IT equipment, and other medical equipment. Vendors should request bid documentation. Requirements: Must have established track record in large ticket tax‑exempt leasing. Must be an approved lessor under the DASNY TELP program and must be willing to fund progress payments from escrowed funds. No subcontracting allowed. Proposal Due: October.14, 2026 Contract Term: Five years Location: SUNY's Syracuse Upstate Medical Center Contact: Erik Finkell Office of Business Affairs SUNY System Administration State University Plaza, N‑439C Albany, NY 12246 contact@example.gov Submit To: Same As Above Business enterprises awarded an identical or substantially similar procurement contract within the past five years: None

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