Specifications include, but are not limited to: 14 Year Lease Term UTA desires financing for 20 buses and add-on equipment including radios, bike racks, cameras and spare parts in the approximate amount of $9,530,000. This add-on equipment will not exceed 15% of the financed amount, some of which may have a shorter useful life than the buses. 6 Year Lease Term UTA desires financing in the approximate amount of $5,560,000. This amount is calculated to include the following: $2,090,000 for 25 Flex/Paratransit vehicles and add-on equipment including radios and camera equipment. This add-on equipment will have a typical useful life of approximately 6 years. $970,000 for 35 Rideshare vans and add-on equipment. $2,500,000 for the purchase of EFC Validators and any necessary equipment.