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Awarded contract·Sedgwick County·Kansas

Capital Leasing Options for Fire Apparatus

Won by Clayton Holdings, LLC$475kSingle Award
Contract source

Awarded vendors

  • Clayton Holdings, LLC

Description

This solicitation seeks a qualified financial‑services firm to provide capital‑leasing options for a single fire‑pumper apparatus valued at roughly $475 k. Sedgwick County, Kansas will issue $2.68 M in general‑obligation bonds to fund the lease, and the selected vendor must structure an 84‑month (or optional 96‑month) lease with semi‑annual payments beginning December 2022. The contract is awarded through full‑open competition, and the recommended low‑bid vendor is Clayton Holdings, LLC. • Scope: Provide lease financing for one Pierce Velocity Pumper truck ($≈ $475 k) with 84‑ or 96‑month terms and semi‑annual payments. • Funding: County will use $2.68 M in tax‑exempt GO bonds; the specific lease amount is $474,808.23 per the revised addendum. • Timeline: Bids due 29 Nov 2022; financing must be in place by 2 Dec 2022; lease term runs 84 months ending Dec 2029.

Attached files

Key dates

Bids closed
11/29/2022
Contract modified
11/29/2022
Starts
12/2/2022
Ends
12/2/2029
Duration
84 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522310
Solicitation №
22-2081

Contract value

$475,000

The RFB and Addendum #2 list a revised budget of $474,808.23 for the fire apparatus lease. This amount represents the total capital cost that will be financed. Since the contract is purely a financing arrangement (the vendor will receive lease payments over 84 months), the contract “value” can be approximated by the financed principal, i.e., roughly $475,000. No additional service fees or ancillary costs are disclosed, so the estimate remains near this figure.

AI estimate from the award documents

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