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  5. ›Notice to Bidders: Tax-Exempt, Bank-Qualified Lease Purchase

Pinelands Regional School District·New Jersey

Notice to Bidders: Tax-Exempt, Bank-Qualified Lease Purchase

Closes 5/12/2026$250k – $325kInvitation for Bid
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Description

• Items include dump trucks, theatre spotlights, Chromebooks, 3‑D printers, microscopes, chemistry tables, and floor‑cleaning machines (and similar equipment). • Lease‑purchase financing must be tax‑exempt and bank‑qualified, not exceeding $325 k. • Bids are due before 1:00 p.m. on May 12, 2026, with an electronic copy required via [email protected]. • The Board may award the contract to any responsible bidder and will not allow bid withdrawals for 30 days.

Attached files

Contact

Arlene Biesiada(Interim Business Administrator/Board Secretary)

[email protected]

(609) 296-3106

Key dates

Opened
9/17/2026
Closes
5/12/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Manufacturing
NAICS
532410

Budget estimate

$250,000 – $325,000

The solicitation caps the contract at $325,000, which represents the maximum amount the district will spend on equipment and lease financing. Assuming typical profit margins for equipment supply and lease‑service contracts (approximately 10‑20%), a realistic earnings range would be roughly $250k at the low end (if only part of the cap is utilized) up to the full $325k at the high end if the entire budget is awarded to the winning vendor. Factors influencing the final amount include the mix of high‑value items (e.g., dump truck) versus lower‑cost items (e.g., Chromebooks) and the specific lease terms negotiated.

AI estimate from the solicitation

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