Bid Alert No: 00000411091
Bid Title: FLEET LEASING SERVICES
Agency Bid No. Title: 683311
Received Date: 11/09/2015
Close Date: 12/08/2015
Purchase Type: Not Stated
Delivery Date: Not Stated
Special Notices: Pre-Bid Conference 11/10/2015 02:00 PM, Questions Due By 11/17/2015
Specifications include, but are not limited to:Open-Ended Five Year Lease with no mileage restrictions. (E-1)Vehicles must be depreciated at 1.5% per month with a 10% Residual Book Value.Maintenance Requirements as specified below and residual value should be based on the indicated term and annual mileage of 12,000.Bidders should also complete the table on Attachment E-2 to indicate any adjustments for future year pricing. Attachment E-2 also allows for Bidders to propose other pricing options. All applicable fees and taxes must be clearly indicated.E&I plans to sign a Master Agreement with the successful bidder. Members who utilize this contract will develop an ordering process with the successful bidder. Member will work with Supplier to facilitate the choice of an appropriate vehicle, options and lease term necessary for each vehicle leased. Each proposal should outline a pricing strategy for vehicles not covered by the charts in Attachment E.Lease RequirementsSupplier must supply an End of Term Balance at the end of the term (usually 60 months, minimum term 12 months and maximum term 60 months). 30 days prior to the end of the term, the Supplier should provide an estimate of the current market value of any orders due for termination. This should be followed by a written inspection report within 5 days of the return of the vehicle.Include all applicable fees and charges in the monthly price, including end of lease inspection fees, and any applicable taxes.Vehicle warranty will be bumper to bumper to bumper for a minimum of three years or 36,000 miles, or the manufacturers warranty, whichever is longer.
Product Code: 97514
Issuing Agency: Educational and Institutional Cooperative Service, Inc.
State: New York
Agency Type: State and Local
Contact: Judy Schaffer 2 Jericho Plaza, Suite 309, Jericho, New York, 11753