In plain English
The Atlantic County Utilities Authority is seeking bids for $3,340,000 in tax-exempt lease-purchase financing to acquire capital equipment. The financing will run for five years, with semiannual interest payments and annual principal repayments from March 1, 2027, through March 1, 2031. Bids will be evaluated on the lowest overall borrowing cost, including fees and expenses.
About this bid
The Atlantic County Utilities Authority (ACUA) is soliciting competitive bids for Tax Exempt Lease-Purchase Financing to fund the acquisition of essential capital equipment through a structured five-year financing arrangement. This procurement is conducted under the provisions of the New Jersey Local Public Contracts Law (N.J.S.A. 40A:11-1 et seq.) and N.J.A.C. 5:30-5.1 et seq., which govern lease-purchase agreements for public entities. The purpose of this solicitation is to secure the most cost-effective financing terms for a project deemed essential to the Authority’s operations in providing responsible, environmentally focused waste management services to Atlantic County. The ACUA seeks…
Details
- Agency
- Atlantic County Utilities Authority, NJ
- Place of performance
- Egg Harbor Township, New Jersey
How to access this bid
Click “View the original posting” — it opens this opportunity on OpenGov Procurement, the agency’s procurement portal.
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Sign in (or create a free vendor account) to download plans, ask questions, join the planholders list, and submit your response before the deadline — addenda notices come through OpenGov.
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Read the plain-English guide: what the agency wants, the key dates, and how to put together a competitive response.
