Description
The City of Manhattan is seeking proposals for the lease purchase of a new 2025 truck mounted combination sewer cleaning truck. The proposal should include the base bid, down payment, trade-in, amount to finance, date of delivery, lease commencement date, first payment due, term, frequency, and bank qualification. The city is looking for a vendor to provide a truck that meets their specifications. The lease term is 4 years, and the first payment is due on January 15, 2027.
• The base bid for the truck is $588,703.00.
• The down payment is $115,663.00.
• The amount to finance is $473,040.00.
• The date of delivery is July 1, 2026.
• The lease commencement date is January 13, 2026.
• The term of the lease is 4 years.
• The frequency of payments is annual.
• The bank qualification is non-bank qualified.