This Solicitation opportunity from New Jersey was posted on October 10, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Tax Exempt Lease - Purchase Financing
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The Atlantic County Utilities Authority (ACUA) is seeking competitive bids for a tax-exempt lease-purchase financing arrangement to acquire vital capital equipment necessary for its waste management operations in Atlantic County. The financing will be structured over five years, with semiannual interest payments and annual principal repayments starting on March 1, 2026, and ending on March 1, 2030. The procurement aims to secure the most cost-effective borrowing terms, with the successful bidder providing a compliant financing structure that adheres to federal and state regulations, including private placement restrictions, prepayment options, and escrow funding provisions. Bids will be evaluated primarily based on the lowest overall borrowing cost, encompassing all associated fees and expenses. This solicitation, identified as 2025-ITB-29, was posted on October 10, 2025, with a response deadline of November 6, 2025. The project size ranges from five to fifteen million dollars, and the process is managed under New Jersey’s public contracting laws, specifically for public entities. Interested parties can contact Oren Thomas at the ACUA via email or phone for further details. The project emphasizes environmentally responsible waste management and aims to ensure the Authority secures financing that aligns with its operational and fiscal objectives.
General Info
Place of Performance
NJ, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
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