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South Dakota State Government·South Dakota

Snowmobile Lease

Closes 3/18/2026$100k – $300kInvitation for Bid
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Description

The State of South Dakota (through the GFP entity) is seeking a lessor to provide eight (8) brand‑new 2027‑model snowmobiles for the Black Hills snowmobile trails program under a two‑year lease with a buy‑out option at lease end. The lease runs from November 1 2026 to June 30 2028, with two equal payments—one on receipt of the equipment and the second on November 1 2027. The requirement is broken down into four ranger‑type snowmobiles, three groomer‑type snowmobiles, and one administrative snowmobile, each with specific engine, track, and accessory specifications (e.g., radio integration, extra gas canisters). The agency will pay the lessor the two equal installments; a purchase option is available at the end of the lease. • Total quantity: 8 snowmobiles (4 ranger, 3 groomer, 1 admin) with detailed technical specs. • Lease term: Nov 1 2026 – Jun 30 2028 (≈ 20 months). • Payment: Two equal installments; first due on receipt, second due Nov 1 2027; buy‑out option at lease end. • Procurement format: Invitation‑only bid (IFB) for qualified, invited suppliers only.

Attached files

Key dates

Opened
2/24/2026
Questions due
2/24/2026
Closes
3/18/2026
Duration
20 months

Last updated

Details

Type
Invitation for Bid
Industry
Sports and Recreation
NAICS
532120
Solicitation №
26IFB19538

Budget estimate

$100,000 – $300,000

No explicit contract value is disclosed. Assuming a market lease rate of roughly $15,000–$20,000 per snowmobile per year, eight units for two years would generate a total lease revenue of approximately $240,000–$320,000, split into two equal payments. Adding a potential buy‑out option could increase the total to roughly $300,000–$400,000. Therefore, a reasonable estimate for the vendor’s earnings is between $100,000 and $300,000, depending on negotiated rates and any buy‑out exercise.

AI estimate from the solicitation

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