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Awarded contract·City of Allentown·Pennsylvania

Pumper Truck Financing

$691kSingle Award
Contract source

Description

The City of Allentown is seeking proposals for the financing of a Pumper Truck. The contract involves the financing of the truck, with proposals including the amount financed, interest rate, number of payments, and annual payment. The city received proposals from First American Commercial Bancorp Inc and BankFunding, LLC, but all of their proposals were rejected. The contract is expected to be awarded to a qualified lender. Key aspects of the contract include: • Financing of a Pumper Truck • Proposals to include amount financed, interest rate, number of payments, and annual payment • Contract to be awarded to a qualified lender • City of Allentown is the contracting agency • Sarrah McNeil is the bid contact

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
921130
Solicitation №
2025-34

Contract value

$691,000

The contract value can be estimated based on the proposals received. The amount financed is $562,874.00, and the annual payments range from $106,045.57 to $152,507.37. Assuming a 5-year term, the total contract value would be approximately $620,000 to $762,000. However, since all proposals were rejected, the actual contract value is unknown.

AI estimate from the award documents

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