REQUEST FOR PROPOSALS LEASE PURCHASE EQUIPMENT 2026

CITY OF JACKSON MISSISSIPPI
DEPARTMENT OF ADMINISTRATION
LEASE PURCHASE FINANCING INTEREST RATE
PROPOSAL
REQUEST FOR PROPOSAL
RFP NO. 94654-081826
LEASE PURCHASE FINANCING INTEREST RATE PROPOSAL
PROPOSAL RECEIVING DATE
08/18/2026 at 3:30 PM City Hall
Specification Information Contact:
Courtney Bell, Finance Manager, 601-960-2005
200 South President Street
Jackson, MS 39201
Proposal Submittal Due Date
08/18/2026 no later than 3:30 PM
MARKED ON OUTSIDE OF ENVELOPE RFP#94654-081826
Proposal Submittal To
Municipal Clerk Department
219 South President Street
Jackson, MS 39201

REQUEST FOR PROPOSALS
The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to
purchase $1,013,256.10 in vehicles and equipment.
The Lease Purchase Agreement will be for a three (3) year period. Lease payments will be made
semi-annually in arrears equally paid for principal and interest during the term of the lease. The
first semi-annual payment of principal and interest will be paid six (6) months from the funding
date. The projected funding date is September 25, 2026.
The proposal must include the Lease Purchase interest rate. Also, the proposal must include an
amortization schedule that reflects the lease purchase interest rate. Please provide an
amortization schedule for three (3) year period total of $1,013,256.10.
The City of Jackson, Mississippi reasonably expects that it will be bank qualified for calendar
year 2026.
Lease Purchase proposals will be received by the City of Jackson, Mississippi no later than 3:30
p.m. central time on Tuesday, August 18, 2026. Please submit two (2) copies of sealed proposals
to the City of Jackson, Mississippi marked "RFP# 94654-081826 Lease Purchase Financing
Interest Rate Proposal" as follows:
City of Jackson, Mississippi
Attention: Municipal Clerk Department
219 South President Street
Jackson, MS 39201
Questions regarding the Lease Purchase Proposal may be directed to the following individual:
Courtney Bell, Finance Manager (601)960-2005
The City of Jackson, Mississippi reserves the right to reject any or all proposals.

City of Jackson, MS
FY 26 Equipment List
Number Acquisition
Vehicle/Equipment Description Requested Cost
Gator Mowers 3 $42,296.40
Gooseneck Dump Trailer 3 $65,985.00
Kubota RTV 3 $48,890.76
EX Mark Zero turn Mower 3 $47,997.00
Dodge Ram 3500 & Dodge Ram 2500 7 $352,503.00
2026 Dodge Durango 1 $45,835.00
48 Inch Zero Turn Mower 1 $5,779.15
2026 Chevrolet Trax 1 $24,885.00
Compact Track Loader 3 $247,266.75
World Lawn 60" Zero Turn Mower 1 $10,199.15
Mini Excavator 305 Cab 1 $74,543.89
Mahindra 1635 Compact Utility Tractor 1 $47,075.00
TOTAL $l,013,256.10