Equipment Financing

Agency: Summit County
State: Colorado
Type of Government: State & Local
NAICS Category:
  • 532412 - Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
Posted Date: Apr 12, 2019
Due Date: Apr 30, 2019
Solicitation No: 2019-001
Bid Source: Please Login to View Page
Contact information: Please Login to View Page
Bid Documents: Please Login to View Page
Bid Number: 2019-001
Bid Title: Equipment Financing
Category: Finance
Status: Open

Publication Date/Time:
4/12/2019 12:00 PM
Closing Date/Time:
4/30/2019 5:00 PM
Contact Person:
Marty Ferris 970-453-3434
Related Documents:

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FINANCE DEPARTMENT
970.453.3430 ph | 970.453.3453 f
www.SummitCountyCO.gov
208 East Lincoln Ave. | PO Box 68
Breckenridge, CO 80424
Requests for Proposals
Summit County Government is soliciting proposals for lease purchase financing for the following items:
(1) 938M Caterpillar Wheel Loader with standard equipment and warranties
Purchase Price = $250,555
Term = 5 years
Delivery to be made Spring of 2019
(2) Bomag compactor BC1172 RB-4 + GPS Carlson UHF + Cell-based MC-8
Purchase Price = $1,130,087 - $140,000 buyback on old compactor = $990,087
Term = 5 years
Delivery to be made Spring of 2019
(3) Water Truck -Kenworth T370 or Peterbilt 348
Purchase Price = $150,000 estimate
Term = 5 years
Delivery to be made Fall of 2019
(4) Front-End Loader Caterpillar 950-M-BR
Purchase Price = $362,969 less trade-in value of $180,000 = $182,969
Term = 5 years
Delivery to be made Fall of 2019
(5) Track-Hoe Caterpillar 330 FL TC
Purchase Price = $321,508 less trade-in value of $190,000 = $131,508
Term = 5 years
Delivery to be made Fall of 2019
(6) MAC Walking Floor Trash Trailer
Purchase Price = $84,867
Term = 5 years
Delivery to be made Summer of 2019
We would like to finance all of these pieces of equipment in one financing, $1,790,000 total. We
would like to make annual payments in advance and are open to any payment options you would like
to propose. An escrow account may need to be set up, due to the timing of when these pieces of
equipment will be delivered.
Please submit your written proposal for financing of the above to:
Martina Ferris, Finance Director
Summit County Government
PO Box 68
Breckenridge, CO 80424
Email: martina.ferris@summitcountyco.gov
Proposals will be accepted until Tuesday, April 30 at 5 p.m. Emailed proposals are acceptable.
PROPOSAL TERMS:
A. Summit County may award one or more contracts with one or multiple firms for the completion
of all aspects of the work solicited by this Request for Proposals “RFP”.
B. Respondent(s) who submit a proposal are responsible for becoming fully informed regarding all
circumstances, information, laws and any other matters that might, in any way, affect the
respondent’s role and responsibilities. Any failure to become fully knowledgeable shall be at the
respondent’s sole risk. Summit County assumes no responsibility for any interpretations made by
respondents on the basis of information provided in this RFP or through any other source.
C. Summit County reserves the right to reject any and all proposals received as a result of this RFP.
The selected proposal will be the one considered the most advantageous regarding price, quality
of service, contractor’s qualifications and capabilities to provide the specified service and any other
factors the County may consider all as determined by Summit County in its sole discretion.
D. Summit County reserves the right to reject any or all proposals, to waive or not waive
informalities or irregularities in responses or RFP procedures, and to accept or further negotiate
cost, terms or conditions of any proposal determined by the County in its sole discretion to be
in the best interests of the County even though not the lowest bid.
E. Respondents should clearly identify any proprietary or confidential commercial data submitted
with the proposal. Such identification may not preclude the release of such information pursuant
to a court order or under the Colorado Open Records Act. If a contract(s) is awarded the
County shall have the right to disclose the information submitted in the successful Respondent(s)
proposal.
F. Summit County will not pay for any information requested herein, nor is it liable for any costs
incurred by the participating firm.
G. Any question, interpretation or clarification regarding this RFP is required 7 calendar days prior
to the due date for proposals. Responses will be issued by addenda posted to our website.
H. Alternate proposals are welcome.
I. Proposals must be signed by an official authorized to bind the respondent to its provisions for at
least a 90 day period.
For additional information, contact Martina Ferris at (970) 453-3434 or
martina.ferris@summitcountyco.gov.

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