Government Contract | California
LEASE PURCHASE/FMV LEASE FINANCING

Bid Information


Bid Alert No: 00000450461

Bid Title: LEASE PURCHASE/FMV LEASE FINANCING

Agency Bid No. Title: AGENCY16-PURC-1590

Received Date: 12/31/2015

Close Date: 02/04/2016

Purchase Type: April 1, 2016 through March 31, 2019

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 01/08/2016 05:00 PM

Specifications

Specifications include, but are not limited to:Background San Bernardino County encompasses 20,160 square miles, the largest county in the continental United States. The County borders Los Angeles, Riverside, and Kern Counties and the States of Arizona and Nevada. Current population is over 2.2 million, the majority of which is located in the southwest portionCounty of San Bernardino Purchasing Department Request for Proposal Lease Purchase/FMV Lease Financing No. AGENCY16-PURC-1590 Page 6 of 38 of the County. In order to provide adequate service to the citizens, the County has offices located throughout the County, often separated by extensive distances. The County processes all Lease-Purchase and FMV Lease transactions that have been approved during the annual budget process or by the Board of Supervisors as mid-year approvals for equipment Lease-Purchases and FMV Leases within the County. B. Lease Purchase Requirements The Master Lease Purchase Program is a cost-effective method for the County to lease-purchase equipment on an annual basis with a minimum of staff time and paperwork. The major advantage of the masterleaseprogramisthati t a l l o w s t h e C o u n t y t o s e t u p a m a s t e r s e t o f d o c u m e n t s o n a o n e -time basis that can be used in subsequent fiscal years to add additional equipment to the master lease agreement (subject to the annual credit review by the vendor). There are no additional lease documents, bid documents, or credit applications required once the program is in place. Departments may then be able to make payments at tax-exempt rates reducing the impact on their budgets. The County requires that lease-purchases be financed for a period of three, four, five, or seven years, and FMV leases be financed for a period of two, three, and four years. The types of equipment lease- purchased by the County within the past two to three years include, Telecommunication Systems, Computers, Medical Equipment, Vehicles, and Heavy Equipment

Bid Related Documents

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Bid Related Attachments

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Amendments

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Product Codes: 94654, 94625

Agency Information


Issuing Agency: County of San Bernardino

State: California

Agency Type: State and Local

Contact: Leo Gomez Purchasing Department, 777 East Rialto Avenue, San Bernardino, California, 92415

Email: lgomez@pur.sbcounty.gov

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