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  5. ›FY26 Municipal Lease/Purchase Financing For Vehicles &…

Georgetown County·South Carolina

FY26 Municipal Lease/Purchase Financing For Vehicles & Heavy Equipment

Closes 4/22/2026$500k – $5MInvitation for Bid
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Description

Georgetown County’s Finance Department is soliciting sealed bids from qualified lenders to provide bank‑qualified lease‑purchase financing rates for the county’s replacement vehicles and heavy‑equipment acquisitions across multiple departments. The award will enable the county to secure favorable financing terms for capital equipment, facilitating fleet modernization while managing fiscal risk. • Sealed bid process – bidders submit rate proposals for municipal lease‑purchase financing. • Scope covers all vehicle and heavy‑equipment financing needs for county agencies. • Requirement to meet bank‑qualified criteria; detailed specifications are in the bid documents. • Deadline for bid submission is April 22, 2026, with evaluation following the submission window.

Attached files

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

Contact

Nancy Silver(Agency Project Coordinator)

[email protected]

(843) 545-3076

Key dates

Opened
3/31/2026
Closes
4/22/2026

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
532420
Solicitation №
26-012

Budget estimate

$500,000 – $5,000,000

The contract will generate financing revenue (interest and fees) for the winning lender. Based on typical municipal lease‑purchase programs for a fleet of several dozen vehicles and heavy equipment, the total annual financing volume could range from $5 million to $50 million, yielding lender earnings roughly between $500 k and $5 million. This estimate assumes an average interest spread of 5‑10 % on the financed amounts.

AI estimate from the solicitation

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