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  5. ›RFP - 230016 - Police Vehicles & Equipment Financing

City of Little Rock·Arkansas

RFP - 230016 - Police Vehicles & Equipment Financing

Closes 4/24/2026$5M – $20MRequest for Proposal
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Description

The City of Little Rock is seeking proposals to finance the acquisition of police vehicles and associated equipment. This procurement will be conducted via sealed bids, with an emphasis on encouraging participation from small businesses. The successful vendor will provide a financing structure that meets the city’s budgetary and operational requirements while delivering the necessary vehicles and equipment in a timely manner. • Scope includes financing for new police vehicles (patrol cars, SUVs, etc.) and related equipment (lights, radios, computer systems). • Bids must be submitted sealed by the deadline of 04/24/26 10:00 AM; the city will evaluate proposals based on cost, financing terms, and vendor experience. • Small business participation is encouraged, and all solicitation documents are available online through the city’s procurement portal.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
4/12/2026
Closes
4/24/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522310
Solicitation №
RFP - 230016

Budget estimate

$5,000,000 – $20,000,000

While the solicitation does not disclose a contract value, financing a fleet of police vehicles for a mid‑size city typically ranges from a few million to low‑double‑digit millions of dollars. Assuming an average police fleet size of 50–100 vehicles at $60,000–$80,000 each, plus associated equipment, the total financed amount could be roughly $5 million to $20 million. The vendor’s earnings would be driven by interest, fees, and any ancillary services, placing the likely revenue in that range.

AI estimate from the solicitation

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