A. Request for Proposal Contract Information
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1 A. Request for Proposal Contract Information PAGE 1 OF 7 Purpose. The purpose of this Request for Proposal (RFP) is to select a financial institution that can provide the Municipality of Monroeville, PA (Municipality) with an approximate amount not to exceed $1,400, bank qualified fixed rate tax exempt lease purchase arrangement based upon the proposed financing structures. The Municipality will select the proposal that provides the best overall borrowing opportunity based on the requested financing options. Provide proposed rates for all options. The lease will be used to finance the purchase 1 New Custom Pumper; 1 New Custom Command Fire Truck; 4 (four) New Police Cars; and four (4) new DPW Vehicles. The initial cost of the equipment is $1,358, and the Municipality intends to lease/purchase finance the amount for this purchase. The financing amount may change after discounts. The following assumptions are to be used in preparing your proposal: Type of Financing: Amount: Bank qualified tax exempt Lease Purchase (Subject to annual appropriations) Approximately $1,400, (preliminary, subject to change) Equipment & Repayment Terms: (1) 2015 Seagrave Custom Pumper: $580, Year Requested Options; 15 Year Requested Options; 2015 EVI Metro Recue/Command Truck: $500, Year Requested Options; 15 Year Requested Options; Continued on Page 2
2 PAGE 2 OF 7 (4)Police Cars (1) 2015 Ford Explorer K80 4WD 4 Dr. XLT: $29,625 (3) 2015 Ford Utility Police Interceptor AWD: $79, Year Requested Options; (4) Department of Public Works Vehicles 1 New 2013 Animal Control Unit Chevrolet Silverado 3500 HD PU Truck 4x4 1 WT: Unit Cost $50, Year Requested Options; (DPW Animal Control Unit) 1 New Chevy Plow New 2013 Chevrolet Silverado Plow Truck 2500 HD 4x4 1WT: Unit Cost $30, New Dump Trucks Ford F550 5 Ton Dump Truck: Cost $72,507 3 Year Requested Options; (DPW Units 2 Dump 1 Plow)
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4 PAGE 4 OF 7 Required Format of Proposal Interest/Cost Rate Sheet (Required Completion) (1) 2015 Seagrave Custom Pumper: $580, Year Requested Options; Rate Payment Total Cost 15 Year Requested Options; Rate Payment Total Cost (1)2015 EVI Metro Rescue Command Truck: $500, Year Requested Options; Rate Payment Total Cost 15 Year Requested Options; Rate Payment Total Cost
5 Fire Trucks Grand Total Cost 10 Year Requested Options; Total Cost PAGE 5 OF 7 15 Year Requested Options; Total Cost (4)Police Cars (1) 2015 Ford Explorer K80 4WD 4 Dr. XLT: $29,625 (3) 2015 Ford Utility Police Interceptor AWD: $79, Year Requested Options; Rate Payment Total Cost (4) Department of Public Works Vehicles (1) 2013 Animal Control Chevrolet Silverado 3500 HD PU Truck 4x4 1 WT: $50, Year Requested Options; Rate Payment Total Cost
6 PAGE 6 OF 7 (1) 2013 Plow Truck Chevrolet Silverado 2500 HD 4x4 1WT: $30,187. (2)Ford F550 5 Ton Dump Truck: $72,507 3 Year Requested Options; Rate Payment Total Cost Police and DPW Vehicle Grand Total Cost Total Cost Authorized Proposer Signature and Title Date
7 PAGE 7 OF 7 Legal Advertisement The Municipality of Monroeville is accepting Request for Proposals (RFP) to obtain terms and rates for lease purchase financing of municipal and fire vehicles not to exceed $1.5 mil. The RFP can be obtained on the municipal web or at the municipal 2700 Monroeville Blvd. Monroeville, Pa The proposal may be submitted by sealed envelope or by to: TLittle@Monroeville.pa.us, with a notation on the envelope or in the subject line of the RFP for Vehicle Lease Purchase Financing. RFPs are to be submitted by Sept. 3, 10:00 am at the above address. The Municipality reserves the right to reject all proposals if it is in the best interest of the Municipality. Late proposals will not be accepted. The proposal shall be signed by an authorized representative of the proposer. Questions should be directed to: Timothy J. Little, Municipal Manager. Proposals must specify the following information: 1. Interest Rate on Worksheet 2. The terms of repayment (Please attach a sample amortization schedule) 3. Proposed terms for optional prepayment. Please also state whether you would allow a prepayment without a penalty. 4. A list of additional costs to be associated with this transaction, including origination or placement fees, escrows fees, counsel fees, and expenses The Municipality reserves the right to reject all the proposals and to waive any irregularity or informality if it is in the best interest of the Municipality. Proposals shall not be split. The successful bidder shall be the lowest responsible bidder of the entire contract. The Municipality reserves the right to delete vehicles from the submitted proposals. Late proposals will not be accepted. The Municipality reserves the right to request additional information from the bidder. The proposal shall be signed by an authorized representative of the proposer. Questions should be directed to: Timothy J. Little, Municipal Manager, Timothy J. Little Municipal Manager Municipality of Monroeville
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