Finance the Procurement of Replacement Buses, Non-bus Vehicles, Textbooks, and

Prince George’s County Public Schools is seeking a qualified financing partner to provide a fixed‑rate lease‑purchase facility for a total of $61.5 million in FY 2027 purchases covering replacement school buses, non‑bus vehicles, textbooks, and a technology refresh. The vendor’s role is limited to financing; the school system will handle the actual procurement of the assets. The contract will span a five‑year term with equal annual payments in advance, and the financing must be tax‑exempt, include all costs in a single fixed interest rate, and be administered through an escrow account. No pre‑payment penalties or certificates of participation are allowed, and the vendor must meet extensive compliance requirements including insurance, MBE participation, and data protection standards. • Provide a $61,486,386 tax‑exempt, fixed‑rate financing package (5 equal annual payments). • Administer an escrow account for all proceeds; interest earned belongs to the Board. • Meet strict compliance (insurance, MBE 15 % goal, cyber liability, ethics, etc.) and submit full technical, MBE, and cost proposals via eMMA.