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Connecticut City of Hartford·Connecticut

Master Lease Finance Agreement

Closes 5/19/2026$100k – $500kRequest for Proposal
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Description

The City of Hartford is soliciting pricing and terms for the establishment of a Master Equipment Lease/Purchase Agreement for the purpose of financing motor vehicles and other equipment to be used by various City departments in performing essential government functions. The agreement will allow the City to finance equipment with flexible payment terms. The City is looking for a vendor to provide a master lease agreement that will enable them to acquire equipment at a competitive price. Key aspects of the agreement include: • The master lease agreement will be used to finance motor vehicles and other equipment for various City departments. • The agreement will provide flexible payment terms to the City. • The City is looking for a vendor to provide a competitive pricing and terms for the master lease agreement. • The agreement will be used to support essential government functions.

Attached files

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

Contact

Rachel Botts

[email protected]

(860) 757-9604

Key dates

Opened
4/23/2026
Closes
5/19/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522210
Solicitation №
6277

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate as the document does not provide a clear indication of the total value of the master lease agreement. However, based on the fact that the agreement will be used to finance motor vehicles and other equipment for various City departments, it is likely that the budget will be in the range of $100,000 to $500,000. This estimate is based on the assumption that the City will be leasing a moderate number of vehicles and equipment, and the cost of each item will be in the range of $10,000 to $50,000. Factors that may influence the likely payment range include the number of vehicles and equipment to be leased, the duration of the lease, and the interest rates applicable to the agreement.

AI estimate from the solicitation

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