Common use of Lease Purchase Coordinator Clause in Contracts

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission (MRESC) is acting as lease purchase coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC Xxxxxxx X Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services Commission. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION County of Somerset, New Jersey

Appears in 1 contract

Samples: www.escnj.us

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Lease Purchase Coordinator. Middlesex Regional The Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Quote Bid submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 Xxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quotebid, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Board of Education Northern Valley Regional HS reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this QuoteBid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Bid Proposal Form.” Failure to complete all Quote Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote Bid and the BRC must be received by the Board prior to award of QuoteBid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of QuoteBid. The information set forth herein on this Quote Bid and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with QuoteBid. Quote Bid Proposal Form Affirmative Action Questionnaire with documentation attached Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran New Jersey Business Registration –No later than time of award *Please check your Quote Bid package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION NORTHERN VALLEY REGIONAL HIGH SCHOOL DISTRICT County of SomersetBergen, New JerseyJersey Bid for Lease Purchase Financing Bid Opening: 11:00 A.M., June 4, 2020 *BID PROPOSAL FORM Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional The Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Quote Bid submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 Xxxxxx@xxxxx.x00.xx.xx Rate Hold and Bidders May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quotebid, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx Manalapan-Englishtown Regional School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this QuoteBid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Bid Proposal Form.” Failure to complete all Quote Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote Bid and the BRC must be received by the Board prior to award of QuoteBid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of QuoteBid. The information set forth herein on this Quote Bid and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with QuoteBid. Quote Bid Proposal Form Affirmative Action Questionnaire and attached documentation Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran New Jersey Business Registration –no later than time of award *Please check your Quote Bid package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX MANALAPAN-ENGLISHTOWN REGIONAL BOARD OF EDUCATION County of SomersetMonmouth, New JerseyJersey Bid for Lease Purchase Financing Bid Opening: 10:00 A.M., June 19, 2020 *BID PROPOSAL FORM Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xx Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx xxxxxxxx@xxxxx.xx Rate Hold and Bidders Quoters May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty sixty-day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondentquoter. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx Monmouth Regional High School School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX MONMOUTH REGIONAL HIGH SCHOOL BOARD OF EDUCATION County of SomersetMonmouth, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the BoardBorough. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 XXxxxx@xxxxx.x00.xx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board Borough requests that the rate be held for thirty days. The board Borough has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board Borough will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The BoardBorough’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board Borough requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board Borough and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township Borough of Xxxxxxxxxx School District Board of Education Stanhope reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board Borough that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the boardBorough’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board Borough prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Borough of Stanhope County of SomersetSussex, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xx Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 xxxxxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Cinnaminson Township of Xxxxxxxxxx School District Board of Education Public Schools reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Cinnaminson Township Public Schools County of SomersetBurlington, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 XXxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx Queen City Academy Charter School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Queen City Academy Charter School County of SomersetUnion, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 3120 xxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid quote request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid quote request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid quote with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders respondents to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders respondents the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder quoter furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Quote Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid quoted within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your quoteQuote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders Respondents are requested to Bid quote a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid quote opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid Quote opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION County of Somerset, New JerseyJersey Quote for Lease Purchase Financing Quote Opening: 1:00 P.M., June 2, 2021 *QUOTE PROPOSAL FORM Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator to the Board. Please direct questions and a copy of your Quote Bid submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 3120 xxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quotebid, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this QuoteBid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Bid Proposal Form.” Failure to complete all Quote Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote Bid and the BRC must be received by the Board prior to award of QuoteBid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of QuoteBid. The information set forth herein on this Quote Bid and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with QuoteBid. Quote Bid Proposal Form Affirmative Action Questionnaire Affirmative Action Language -signed Non Collusion Affidavit Stockholders’ Disclosure/ Ownership Declaration Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran *Please check your Quote Bid package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION County of Somerset, New JerseyJersey BID for Lease Purchase Financing BID Opening: 1:00 P.M., July 11, 2019 Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xx Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 xxxxxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty thirty-day period. The right to extend the indexed rate bid beyond the sixty sixty-day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, : Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Xxxxxxx Board of Education School District reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Xxxxxxx Board of Education County of SomersetXxxxxx, New JerseyJersey Quote for Lease Purchase Financing - Quote Opening: 1:00 P.M., April 14, 2022 *QUOTE PROPOSAL FORM Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

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Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X Xx Xxxxx Lease Xxxxx Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 xxxxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid quote request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid quote request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid quote with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders respondents to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders respondents the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder quoter furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Quote Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid quoted within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty sixty-day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your quoteQuote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders Respondents are requested to Bid quote a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid quote opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid Quote opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION County of Somerset, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 XXxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Colts Neck Township of Xxxxxxxxxx School District Board of Education EducationSchool District reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Colts Neck Township Board of Education County of SomersetMonmouth, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional The Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase coordinator Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Quote Bid submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 Xxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty thirty-day period. The right to extend the indexed rate bid beyond the sixty sixty-day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quotebid, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, : Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx Leonia School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this QuoteBid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Bid Proposal Form.” Failure to complete all Quote Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote Bid and the BRC must be received by the Board prior to award of QuoteBid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of QuoteBid. The information set forth herein on this Quote Bid and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with QuoteBid. Quote Bid Proposal Form Affirmative Action Questionnaire and attached documentation Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran New Jersey Business Registration –no later than time of award *Please check your Quote Bid package for these forms! Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX LEONIA BOARD OF EDUCATION County of SomersetBergen, New JerseyJersey Bid for Lease Purchase Financing Bid Opening: 10:00 A.M., March 24, 2021 *BID PROPOSAL FORM Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 XXxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Pittsgrove Township of Xxxxxxxxxx School District Board of Education EducationSchool District reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Pittsgrove Township Board of Education County of SomersetSalem, New Jersey

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote Bid submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 XXxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quoteBid, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx Greater Egg Harbor School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this QuoteBid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Bid Proposal Form.” Failure to complete all Quote Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote Bid and the BRC must be received by the Board prior to award of QuoteBid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of QuoteBid. The information set forth herein on this Quote Bid and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with QuoteBid. Quote Bid Proposal Form Affirmative Action Questionnaire Affirmative Action Language -signed Non Collusion Affidavit Stockholders’ Disclosure/ Ownership Declaration Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran *Please check your Quote Bid package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Greater Egg Harbor School District County of SomersetAtlantic, New JerseyJersey Quote for Lease Purchase Financing Bid Opening: 2:00P.M., January 8, 2021 *BID PROPOSAL FORM Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________ ___________________________________________________________________________________

Appears in 1 contract

Samples: www.escnj.us

Lease Purchase Coordinator. Middlesex Regional Educational Services Commission of New Jersey (MRESCESCNJ) is acting as lease purchase financing coordinator to the Board. Please direct questions and a copy of your Quote submission (*per above) to: MRESC ESCNJ Xxxxxxx X X. Xxxxx Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 6622 xxxxxx@xxxxx.xx 3120 XXxxxx@xxxxx.xx Rate Hold and Bidders Respondents May Offer Alternative Index: This bid is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential bidders the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The bidder furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the Bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate bid within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. As part of your quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Rate Index:, Submission Date Rate plus or minus 50% of change in Adjusted Date Rate: Proposals are requested for the lease purchase financing as outlined on page one of this request. Bidders are requested to Bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the bid opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Township of Xxxxxxxxxx School District Eatontown Board of Education EducationSchool District reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Quote. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Quote Proposal Form.” Failure to complete all Quote documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Quote and the BRC must be received by the Board prior to award of Quote. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Quote. The information set forth herein on this Quote and accompanying downloadable documents have been obtained from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness and is not to be construed as a representation by the Middlesex Regional Educational Services CommissionCommission of New Jersey. Prospective Respondents and ultimate purchasers must be satisfied that they have access to, and have made a complete investigation of the facts and circumstances relating to the transaction including the nature and purpose of the transaction, the nature of the purchasers’ risks in purchasing the transaction and the purchaser's rights and remedies in the event of default. ATTACHMENTS: Forms provided that must be returned with Quote. Quote Proposal Form Affirmative Action Questionnaire Amortization Schedule (Please supply in accordance with paragraph 4 above) *Please check your Quote package for these forms! **Please note that the NJ Business Registration Certificate and Affirmative Action Evidence must be submitted prior to award. TOWNSHIP OF XXXXXXXXXX BOARD OF EDUCATION Eatontown Board of Education County of SomersetMonmouth, New Jersey

Appears in 1 contract

Samples: www.escnj.us

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