State
and Municipal Governments, much like the
Federal Government,
operate on an annual fiscal basis. They can only appropriate funds
for a specific period of time. However, to keep pace with growth
demands within their jurisdictions, the opportunity to lease becomes
an attractive method of acquisition.
Municipal
entities are most likely to lease items such as data
processing equipment, telecommunications equipment, software and
service vehicles. In many cases,
Municipal transactions can be
structured on a tax-exempt basis, thus enabling a lower interest rate to be passed on to the
Municipality. Knowing how to propose
alternative bids is our specialty and the key to winning Government contracts.
Understanding
the Federal Lease and how it works.