Financing for Lease/Purchase of the Upgrade of the Pueblo Municipal Justice Center's HVAC System

Location: Colorado
Posted: Aug 17, 2025
Due: Aug 22, 2025
Agency: City of pueblo
Type of Government: State & Local
Category:
  • W - Lease or Rental of Equipment
Solicitation No: 25-088
Publication URL: To access bid details, please log in.


Project ID: 25-088

Title: Financing for Lease/Purchase of the Upgrade of the Pueblo Municipal Justice Center's HVAC System

Addenda: 0

Release Date: 8/15/2025

Due Date: 8/22/2025

Post Information
Posted At:Fri, Aug 15, 2025 2:59 PMSealed Bid Process:Yes (Bids Sealed / Pricing Sealed)Private Bid:No
Overview
Summary

The City of Pueblo ("City") is soliciting competitive sealed proposals to select a qualified financial firm to enter into either a fifteen or twenty-year municipal lease/purchase agreement for the acquisition and installation of the upgrade of the HVAC system in the Pueblo Municipal Justice Center (PMJC). The project consists of a full turnkey solution which includes all aspects of the Scope of Work shown in Section 3. Proposer shall furnish all personnel, supervision, and management necessary to provide these financial services. A scored evaluation will be conducted for each submittal and award will be made to the Proposer whose proposal is determined to be the most financially advantageous to the City of Pueblo considering the evaluation factors set forth in the Evaluation Criteria.

Please note that this RFP is asking for Proposers to submit two separate interest rates for comparison purposes: 1) Tax Exempt – Bank Qualified; 2) Tax Exempt – Non-Bank Qualified. After all proposals are received, the City will decide which option is in its best interest. A decision on which option, term and financial firm to be selected is expected to be made by August 25, 2025.

Background
PMJC serves and provides the City with essential services and operations
  • Municipal Court, Police and FBI Evidence, 24/7 Emergency 911 Call Dispatch Center, Information Technology and server rooms
  • Actively failing HVAC Equipment at Mission Critical Facility, creating a City-Wide Emergency
  • Temporary HVAC solutions are not viable due to code violations
  • $100k/year+ on maintenance, 20% technician’s time, no redundancy, equipment end of life, IAQ concerns, downtime risk
Timeline
Available:
August 15, 2025
Deadline for Questions:
August 19, 2025, 12:00am
Submittal Deadline:
August 22, 2025, 12:00am
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* Disclaimer: Information regarding bids, requests for proposals (RFPs), or requests for qualifications (RFQs) is provided on this website only for convenience and does not constitute official public notice. Persons wishing to respond to or inquire about bids, RFPs, or RFQs should contact the appropriate government department.