Staples,
26
May
2020
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17:11 PM
Europe/Amsterdam

You Can’t Afford Not To

Find financial flexibility with tax-exempt municipal leasing contract

David Duhn, Sourcewell contract administrator
Using a tax-free municipal lease can increase buying power by five to six times, and it gives participating agencies the ability to access both operating and capital budgets to get the equipment they need, when they need it.
David Duhn, Sourcewell contract administrator

You can't afford not to take advantage of Tax-Exempt Municipal Leasing. Recently awarded by Sourcewell, NCL Government Capital offers financing solutions unique to municipalities and public education.

Through the NCL contract, Sourcewell participating agencies can access a broad variety of assets, commodities, equipment, and improvements, as well as related services including, delivery, end of lease, asset or contract management tools, or similar services.

Agencies always need to focus on budgets, says Sourcewell Contract Administrator Dave Duhn. Spreading the cost of a significant capital asset over its useful life is something many agencies are looking to do.

“Using a tax-free municipal lease can increase buying power by five to six times,” Duhn adds, “and it gives participating agencies the ability to access both operating and capital budgets to get the equipment they need, when they need it.”

Following a competitive solicitation process, Sourcewell awarded the cooperative purchasing contract to NCL, providing access to competitive, equipment-financing programs for municipalities and public education entities across the nation.

NCL Government Capital | 011620-NCL
Tax-exempt municipal, Fair Market Value, TRAC (Terminal Rental Adjustment Clause), and Flex Plus leasing; options for PO only, deferred payments, and customized terms.

This contract is now available to all Sourcewell members throughout the United States. Purchasers from participating agencies – public or nonprofit – save time and money by streamlining the procurement process with cooperative purchasing.

About Sourcewell

Sourcewell is a self-sustaining government organization, partnering with education, government, and nonprofits to empower student and community success. Throughout North America, we offer a cooperative purchasing program with more than 400 awarded suppliers on contract. Sourcewell is driven by service and the ability to strategically reinvest in member communities.