SUNY Syracuse TELP 2026 Series XXVI

The State University of New York is seeking bids from qualified equipment lessors to finance the acquisition of a broad range of medical and management information systems for SUNY's Syracuse University Hospital (Upstate Medical Center) and its affiliates in Onondaga County. The project, supported by a $35.4 million application through the Dormitory Authority of the State of New York's Tax-Exempt Equipment Lease Program (TELP), encompasses essential medical equipment such as linear accelerators, lab and fire alarm equipment, ultrasound machines, PET/CT scanners, pharmacy dispensing systems, endoscopes, and various IT infrastructure components. Vendors interested in participating must demonstrate a proven track record in large-ticket tax-exempt leasing, be approved under the DASNY TELP program, and be willing to fund progress payments from escrowed funds, with no subcontracting permitted. The solicitation emphasizes a five-year lease term with semi-annual payments, fixed interest rates, and adherence to standard DASNY lease documentation. The bidding process is highly structured, with proposals due by November 12, 2025, and the award anticipated shortly thereafter. The process involves detailed requirements for interest rate proposals, credit approval, lease covenants, and documentation standards, with the possibility that no award will be made. All inquiries are to be directed via email to designated contacts, and proposals should be submitted electronically to SUNY’s contract unit. The project location is Syracuse, New York, and the contract does not specify any set-aside for service-disabled veteran-owned businesses. The overall goal is to secure flexible, tax-exempt financing for critical medical and IT equipment that will support the hospital's operations over a five-year period, ensuring compliance with DASNY's leasing standards and procedures.