Specifications include, but are not limited to: An agreement to finance a performance contract for Black Hills State University, an institution under the South Dakota Board of Regents (BHSU). The initial lease will be for up to an approximate $2,750,000 performance contract project, not including any services. The numbers may change before a lease agreement is signed. Additional performance contract projects may be completed in future years. The project will be financed for up to fifteen years. Semiannual payments will be made on October 1 and March 1 of each year of the lease. The project is tentatively scheduled to begin in June 2019. Offeror must provide the interest rate, semiannual payment, and total cost of the finance amount in their proposal listed below. BHSU does not pay sales tax and it should not be included in the calculation.
