Lease-Purchase Financing for Miami County Rural Fire Apparatus

Miami County, Kansas is soliciting qualified vendors to provide lease‑purchase financing for four new fire apparatus totaling approximately $2.8 million. The county seeks fixed‑rate financing options for 10‑, 12‑, and 15‑year terms, with interest payable semi‑annually and principal annually. Bidders must submit interest rates, total financing cost, and an amortization schedule for each term. The award will go to the bidder offering the lowest overall borrowing cost. The resulting contract is for an estimated twelve‑month period, with the possibility of renewal. • Total equipment value: $2,812,000 • Four fire apparatus (two Type 1 engines, one engine on Freightliner chassis, one tender) • Financing terms: 10, 12, 15‑year fixed rates • Interest payable semi‑annually, principal annually • Award based on lowest total borrowing cost • Contract length: ~12 months, renewable • Submission deadline: Oct 22 2026, 2:00 PM • Questions due: Oct 20 2026, 2:00 PM