RFP Tax-Exempt Lease Purchase

June 2, 2026

This is a request for proposal (“RFP”) administered by Johnson Controls, Inc. (“JCI”) on behalf of the City of Muskegon, Michigan (the “Customer”). The purpose of this RFP is to solicit financing offers from qualified financial institutions (each a “Respondent”). It is contemplated that the selected Respondent, as lessor, will enter into a tax-exempt lease purchase (“TELP”) with the Customer, as lessee, to finance the Customer’s $43,296,839 comprehensive energy performance contract with JCI.

The project involves the renovation, revitalization and reprogramming of the central Department of Public Works facility, City Hall, the replacement and automation of over 10,000 water meters, and various electric, HVAC and domestic water upgrades and other City facilities. The attached Schedule 1 – Scope of Work (SOW) provides a detailed description of the SOW being performed. The total cost of the project is $42,446,839 with a customer contingency of $850,000, for a total financed cost of $43,296,839.

Proposals Due: June 17, 2026 @ 12:00 PM Eastern Daylight Time

RFP Tax-Exempt Lease Purchase: muskegon_mi_telp_rfp-6-1-26-2935