Provide third party financing services for school buses made available to the North Carolina Local Education Agency (LEAs) through fixed rate loans based on North Carolina General Statute 115C-528. NC DPI anticipates financing the purchase of approximately 500 school buses ranging in capacity from 41 to 72. Some vehicles will be equipped with wheelchair lifts. Most, but not all, vehicles will be equipped with air conditioning. The school buses shall be purchased from the State Term Contract 7811C for (Conventional) School & Activity Buses. Information regarding STCs can be found here: State Term Contracts | NC DOA. The successful Vendor shall comply with the specifications and requirements as stipulated herein. This contract is based on the calendar year. Orders are typically placed in January – March for receipt by November of the same year.
