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  5. ›T3030 - Equipment Master Lease Purchasing Financing Facility

New Jersey Division of Purchase and Property·New Jersey

T3030 - Equipment Master Lease Purchasing Financing Facility

Closes 6/12/2026$10M – $50MRequest for Proposal
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Description

The State of New Jersey is seeking bids for an Equipment Master Lease Purchasing Financing Facility. The successful bidder will provide financing for the state's equipment purchases. The bid solicitation includes a State-Supplied Price Sheet that bidders must use to submit their pricing. The contract is expected to last for three years, from June 1, 2026, to May 31, 2029. Key aspects of the bid solicitation include: • The bid submission due date has been revised to May 21, 2026, at 2:00 p.m. Eastern Time. • An Optional Pre-Quote Conference was held on February 5, 2026. • Bidders must submit their pricing using the State-Supplied Price Sheet. • The bid solicitation includes various attachments, such as the Bid Solicitation document, State-Supplied Price Sheet, and Appendices.

Attached files

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

Contact

Tahira Maner(Purchaser)

[email protected]

(609) 341-3500

Key dates

Opened
1/29/2026
Questions due
2/19/2026
Pre-bid meeting
2/5/2026
Closes
6/12/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522310
Solicitation №
25DPP01105

Budget estimate

$10,000,000 – $50,000,000

The budget for this opportunity is difficult to estimate, as the document does not provide a clear indication of the total contract value. However, considering the scope of the project, which involves financing for equipment purchases, the contract value could be substantial. Assuming the state's annual equipment purchases are in the range of $10 million to $50 million, and the financing facility will cover a significant portion of these purchases, the total contract value could be in the range of $30 million to $150 million over the three-year contract period. Therefore, the estimated budget range for this opportunity could be between $10 million and $50 million per year, depending on the actual equipment purchases and the financing terms.

AI estimate from the solicitation

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