Description
Summit County is seeking a single lease‑purchase financing arrangement for four pieces of heavy equipment totaling $2,154,465, to be delivered in 2026. The county will fund the entire purchase price and receive annual payments in advance over a five‑year term, with an optional escrow account to align cash flow with staggered deliveries. Vendors may submit a single proposal or multiple proposals for individual pieces, and the contract may be awarded to one or several firms.
• Equipment includes a John Deere loader, two Western Star trucks, and a Caterpillar dozer.
• Financing must cover the full $2.15 M and be structured with annual upfront payments over 5 years.
• Proposal deadline is Thursday, June 11, 2026, 5 PM (MT); questions due by June 4, 2026.
• No specific interest rate or escrow terms are prescribed—vendors propose these details.