Bank Lease Purchase Financing for Agency Vehicles

The St. Johns County Sheriff's Office is soliciting bids for bank lease purchase financing for the purchase of new vehicles and vehicle equipment. The total cost of the purchase is $4,571,291.50, and the office prefers a quarterly payment structure with the first payment due in mid-July 2026. The lease purchase will be bank qualified, and all assets, associated depreciation, and debt will be stated in the County's financial statements. The key aspects of the job include: • Purchasing new vehicles and vehicle equipment for the agency • Providing bank lease purchase financing for the purchase • Meeting the preferred payment structure and schedule • Ensuring the lease purchase is bank qualified and compliant with the County's financial statements The scope of work includes providing financing for the purchase of vehicles and equipment, and the bidder should be able to provide a comprehensive financing solution that meets the agency's requirements.