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  5. ›SUNY Syracuse 2027 Series XXVII

State University of New York (SUNY)·New York

SUNY Syracuse 2027 Series XXVII

Closes 10/14/2026$50M – $55MInvitation for BidLogin required
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Description

Equipment Leasing Description: The State University of NY is requesting bids from equipment lessors to fund medical equipment and management information systems for SUNY's Syracuse University Hospital (Upstate Medical Center) and affiliates in Onondaga County. The Dormitory Authority of the State of NY (DASNY) has established the Tax‑Exempt Equipment Lease Program (TELP) which provides SUNY with access to tax‑exempt equipment lease financing. A $51,000,000 application has been filed with DASNY. The project includes a linear accelerator, nuclear medicine unit, ultrasound machines, C-Arms, mammography units, lab equipment, monitors, anesthesia machines, radiology workstations, telemetry equipment, beds, computer systems and IT equipment, and other medical equipment. Vendors should request bid documentation. Requirements: Must have established track record in large ticket tax‑exempt leasing. Must be an approved lessor under the DASNY TELP program and must be willing to fund progress payments from escrowed funds. No subcontracting allowed. Proposal Due: October.14, 2026 Contract Term: Five years Location: SUNY's Syracuse Upstate Medical Center Contact: Erik Finkell Office of Business Affairs SUNY System Administration State University Plaza, N‑439C Albany, NY 12246 [email protected] Submit To: Same As Above Business enterprises awarded an identical or substantially similar procurement contract within the past five years: None

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Erik Finkell(Contract Administrator)

[email protected]

(518) 320-1877

Key dates

Opened
9/16/2026
Closes
10/14/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
522310
Solicitation №
C004562

Budget estimate

$50,000,000 – $55,000,000

The contract calls for $51 million in lease financing. Assuming the lessor earns a typical lease spread of 3‑5 % over the five‑year term, the total revenue to the winning vendor would be roughly $50 M – $55 M (including interest, fees, and any ancillary services). The exact budget will depend on the negotiated lease rates, escrow funding schedule, and any ancillary service fees.

AI estimate from the solicitation

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