Financing Options for Toughbooks

This solicitation seeks financing proposals for the replacement of 39 Panasonic Toughbook CF‑33 rugged laptops and associated accessories, warranties, and docking equipment for McHenry County. The County is not purchasing the hardware directly; instead it requires a five‑year, advance‑payment financing structure with a $1.00 buy‑out option. Vendors must submit detailed financing terms—including interest rates, monthly payments, fair‑market values, and residual values—for the total equipment cost of $251,492. The award will be based on vendor qualifications (40 pts), financing cost (40 pts), and relevant experience (20 pts). • Total equipment cost to be financed: $251,492 (39 laptops plus accessories and warranties). • Financing terms: 5‑year term, pay‑in‑advance, $1 buy‑out, with interest‑rate disclosure required. • Submission deadline: July 11 2023 09:00 a.m. CST; proposals must be emailed as PDFs to the procurement specialist.