SOLICITATION NOTICE
R -- Master Equipment Lease Financing
- Notice Date
- 3/8/2004
- Notice Type
- Solicitation Notice
- NAICS
- 532412
— Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
- Contracting Office
- District of Columbia Government, Office of the District of Columbia CFO, Purchasing and Contracting Unit, 941 North Capital Street NE, Suite 810, Washington, DC, 20002
- ZIP Code
- 20002
- Solicitation Number
- CFOPD-04-R-010
- Response Due
- 3/23/2004
- Archive Date
- 4/7/2004
- Point of Contact
- Benjamin Duodu, Contract Specialist, Phone (202) 442-6432, Fax (202) 442-6454, - Benjamin Duodu, Contract Specialist, Phone (202) 442-6432, Fax (202) 442-6454,
- E-Mail Address
-
benjamin.duodu@dc.gov, benjamin.duodu@dc.gov
- Description
- The Office of Contracts and Procurement, Office of Management and Administration (OMA), is soliciting for expressions of interest (EOI) from financial institutions and/or firms willing to provide equipment financing of a proposed $125,000,000 tax-exempt lease/purchase obligation for the Office of Finance and Treasury (OFT), Office of the Chief Financial Officer (OCFO) of the Government of the District of Columbia (hereafter the ?District?). The Office of Contracts and Procurements intends to award a five-year fixed price contract for the proposed procurement. The selected contractor shall provide financing for equipment associated with the District?s Master Equipment Lease program. The transaction size is estimated at $125 million. The transaction will be structured as a Master Lease with multiple equipment schedules using a single funding source. The District intends to draw down funds for agencies' equipment on a quarterly basis, provided that the District reserves the right to make draws more frequently. Upon execution of this contract, it is anticipated that a portion of the funds will be drawn down by the District as provided in the Master Lease Agreement, with the balance to be drawn down over the remainder of the term of the contract. The District also intends to finance its costs of issuance associated with the program of approximately $100,000 per year. All amortization schedules for draw downs will be structured with quarterly principal and interest payments due on March 25, June 25, September 25 and December 25. The Request for Proposals (RFP) # CFOPD-04-R-010 for OFT Master Equipment Lease Financing will be issued between by close of business (COB), 08 March 2004, with proposal submission deadline 15 days from date of issue. Hard copies of this RFP can be obtained upon written request by surface mail to Benjamin Duodu, Contract Specialist, Office of Contracts and Procurement/OMA, 941 North Capitol Street, N.E., 8th Floor, Washington, D.C. 20002 and/or by electronic mail to: benjamin.duodu@dc.gov. Please note that telephonic requests shall not be honored. Contact telephone number: (202) 442-6432.
- Place of Performance
- Address: 441 4th Street, NW, Suite 360 North, Washington, D.C.
- Zip Code: 20001
- Country: U.S.
- Zip Code: 20001
- Record
- SN00539957-W 20040310/040308223332 (fbodaily.com)
- Source
-
FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)
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