Government Contract | Maryland
JANUARY 2016 TAX-EXEMPT EQUIPMENT LEASE-PURCHASE FINANCING

Bid Information


Bid Alert No: 00000422381

Bid Title: JANUARY 2016 TAX-EXEMPT EQUIPMENT LEASE-PURCHASE FINANCING

Agency Bid No. Title: JANEL-11182015

Received Date: 11/20/2015

Close Date: 12/11/2015

Purchase Type: Not Stated

Delivery Point: Maryland

Delivery Date: Not Stated

Special Notices: Bidder Preregistration

Specifications

Specifications include, but are not limited to:The State of Maryland is a general purpose government providing a wide variety of governmental and enterprise services throughout the State. The State operates, among other activities, colleges and universities, prisons, a highway system, railroads, parks and forests, wildlife preserves, law enforcement programs, environmental protection activities, and regulatory programs. The State authorizes expenditures either through the annual operating budget or through the capital budget. Much of the capital budget is financed by the States General Obligation Bonds, which as of June 2015 had the highest rating (AAA) from Moodys Investors Service, Inc., Standard & Poors, and Fitch Ratings. In addition, a number of Agencies have authority to issue bonds for specific classes of facilities or to provide financing for individuals and businesses. Most equipment expenditures are financed either on a pay-as-you-go basis or through the bond-financed capital program; however, since about 1986, the State has financed, on a consolidated basis, the acquisition by Agencies of certain equipment under a lease-purchase financing arrangement. Since the inception of the program, the State has never delayed or cancelled the closing on a lease-purchase financing except for one lease closing that was delayed due to the snowstorms in February 2010. The State has also never failed to make lease payments on any lease-purchase financing.

Bid Related Documents

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Bid Related Attachments

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Product Codes: 94654, 94625

Agency Information


Issuing Agency: State of Maryland Treasurer's Office

State: Maryland

Agency Type: State and Local

Contact: Anne Jewell 80 Calvert Street, Room 109, Annapolis, Maryland, 21401

Phone: 410-260-7903

Fax: 410-974-3530

Email: procurement@treasurer.state.md.us

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