FY 2021 Lease Financing Services

The County of Kauai is soliciting a lease bid for various vehicles and equipment. The estimated value of the lease is $14,741,502.35, and the payment inclusive of principle and interest over the contract terms is estimated at $14,999,604.03. The contract terms are for 5 and 7 years, and the interest rate is subject to change based on existing market conditions. The contract will be awarded to the vendor that provides the best value to the County. • The contract is for lease financing of various vehicles and equipment. • The estimated value of the lease is $14,741,502.35. • The payment inclusive of principle and interest over the contract terms is estimated at $14,999,604.03. • The contract terms are for 5 and 7 years. • The interest rate is subject to change based on existing market conditions.