How to bid on tax-exempt lease-purchase financing for ACUA

What ACUA is buying

The Atlantic County Utilities Authority is seeking competitive bids for $3,340,000 in tax-exempt lease-purchase financing to acquire capital equipment. The financing runs for five years, with semiannual interest payments and annual principal repayments from March 1, 2027, through March 1, 2031.

This opportunity may suit financial institutions and other firms that provide public-sector lease-purchase financing. ACUA will evaluate bids on the lowest overall borrowing cost, including fees and expenses.

Deadline and timing

The bid deadline is November 6, 2026, at 11:00 AM ET. Submit your response before that time through OpenGov Procurement.

The solicitation was published October 13, 2026. Check the portal for addenda and other updates as you prepare your bid.

Who this opportunity suits

This IFB is relevant to lenders and finance providers experienced in tax-exempt lease-purchase financing. The requested structure is bank-qualified and tax-exempt, and the financing must address private placement limitations, prepayment options, and escrow funding provisions.

How to access and submit a response

Open the opportunity on OpenGov Procurement using the “View original source” option. A brief security check may appear the first time; let it finish so the project page can load.

Sign in or create a free vendor account to download plans, ask questions, join the planholders list, and submit your response. OpenGov also sends addenda notices.

Prepare a competitive financing bid

Calculate the overall borrowing cost carefully and include every related fee and expense. Since ACUA evaluates on lowest overall borrowing cost, make sure the costs and payment terms in your bid are clear and consistent.

Review the requested five-year repayment schedule and the stated provisions for private placement, prepayment, and escrow funding. Check the portal for addenda, and leave time to complete submission before the deadline.