The State of Missouri is seeking a vendor to provide master lease financing services for various purchases made by state agencies. The contractor will provide a master lease financing program to allow lease/purchase financing for various purchases made by state agencies located throughout the State of Missouri. The program is intended to create two separate "draw down" financings of Eligible Property, each treated as a separate issue for federal tax purposes. The contractor must meet or exceed the minimum experience requirements, including having a minimum of five years of experience with establishing and coordinating a program that provides deferred-payment for purchases of Eligible Property. Key responsibilities include providing financing and refinancing for all Eligible Property, including costs of installation and other related costs, and being the single point of contact and responsibility for the State.
Some key points to consider:
• The Master Lease Financing Program is intended to create two separate "draw down" financings of Eligible Property.
• The contractor must meet or exceed the minimum experience requirements.
• The contractor will be responsible for providing financing and refinancing for all Eligible Property.
• The contractor must be the single point of contact and responsibility for the State.
• The State desires to establish and coordinate a program that provides deferred-payment for purchases of Eligible Property.
• The contractor shall understand and agree that the State also intends for such program to be available for the refinancing of current lease financing agreements.
• The contractor shall be required to provide financing and refinancing for all Eligible Property, including costs of installation and other related costs.
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