The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to purchase $1,013,256.10 in vehicles and equipment. The Lease Purchase Agreement will be for a three (3) year period. Lease payments will be made semi-annually in a

The City of Jackson, Mississippi is soliciting lease purchase interest rate proposals to finance the acquisition of vehicles and equipment totaling $1,013,256.10 under a three-year agreement with semi-annual payments made in arrears, beginning six months after the projected funding date of September 25, 2026. The procurement is structured as a financing arrangement rather than a direct purchase, requiring vendors to submit a competitive fixed interest rate and a fully amortizing payment schedule for the full amount over the term. Proposals must be submitted as two sealed hard copies to the Municipal Clerk Department at 219 South President Street, Jackson, MS 39201, with envelopes clearly labeled with RFP#94654-081826 Lease Purchase Financing Interest Rate Proposal. The submission deadline is August 18, 2026, at 3:30 p.m. Central Time, and electronic submissions are not accepted. There are no technical specifications, inspection criteria, packaging requirements, or performance metrics outlined beyond the financial terms. The award is inferred to be based on the Lowest Price Technically Acceptable standard, with the interest rate and compliance of the amortization schedule serving as the sole evaluation criteria. No formal contract clauses, special requirements, representations, certifications, or accounting data are provided in the solicitation materials. Point of contact for inquiries includes Courtney Bell, Finance Manager, and Monica Oliver, with no designated COR, COTR, or PCO assigned. The NAICS code for the solicitation is 522220, and the procuring entity is the City of Jackson under the MPTAP agency, with performance limited to the state of Mississippi.