Bid Detail

24-008 - Financing of Grounds Equipment for Golf Courses for Springfield Parks Department

The City of Springfield is soliciting bids for a Five (5) year Lease/Financing for Grounds Equipment at Franconia and Veteran’s Golf Courses for the Department of Parks, Buildings and Recreation Department.

Description of Equipment:
(See attached)
Lot#1 – Landscaping Equipment for Franconia Golf Course
Lot#2 - Landscaping Equipment for Veteran’s Golf Course
Estimated Cost of Equipment $1,224,727.34

The firm agrees to submit a form of Lease / Purchase Agreement with this bid that conforms to Massachusetts General Laws, Chapter 30B. That form of agreement includes the following terms & conditions:

a. Title shall pass to Lessee at the inception of the contract term with the Lessor noted as first lien holder. Lessee will gain title free of all liens at the end of the contract term and upon making all required lease / purchase payments.
b. A down payment shall not be required except for any specification of the bid regarding initial installment or advance payment to be paid upon delivery and acceptance. All payments are to be level over the life of the contract. Any other costs or fees are the sole responsibility of the bidder.
c. The Lessee shall have the option to terminate the contract and acquire the equipment on any payment date at any time throughout the lease / purchase term.
d. This will be a net transaction, whereby maintenance, insurance, taxes, if any, and compliance with applicable laws and similar expenses shall be the responsibility of the Lessee.
e. All equipment manufacturer or vendor warranties are to be passed directly to the Lessee under the lease / purchase contract.
f. Acceptance of this bid is subject to the approval of the awarding authority.
g. Certification of Bid, in accordance with Chapter 30B, Section 10, is required.

The bidder is bidding as to the provision of lease-purchase financing and hereby certifies that, if awarded this bid, bidder shall pay the full purchase price to the equipment vendors(s).

The City of Springfield supports the goal of twenty percent minority and women participation in all contracts. No questions will be answered unless received by the Chief Procurement Officer at least 7 days prior to the expiration of the time set for submitting bids or proposals. The Chief Procurement Officer reserves the right to waive any informality in and to reject any or all bids if it is in the public interest to do so.

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