Excavator Loader

This tender from Lithuania concerns the acquisition of an excavator loader through a leasing arrangement. The procuring entity intends to purchase the equipment via leasing over a period of 60 months. A key condition is that the initial down payment must not exceed 10 percent of the equipment's price; offers with a higher initial down payment will be rejected. The supplier's proposed bank margin (fixed interest rate margin) and administrative fees must remain fixed for the entire lease term. Only the 3-month EURIBOR (the variable base interest rate) will fluctuate during the contract's validity period. This structure aims to provide predictability in financing costs while allowing for adjustments based on market interest rates. The tender specifies the need for an excavator loader, a versatile piece of construction machinery combining the functions of a tractor with a loader and a backhoe. Detailed technical specifications for the excavator loader and further terms of the leasing agreement are expected to be provided in the procurement documentation.

This is a supplies contract in the construction and civil works, finance and banking and general supplies sectors. Located in Lithuania, Europe, this opportunity is open to firms and consortiums.

Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for the supply of goods in the construction and civil works sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. This contract has already been awarded. The information is published for transparency and market intelligence purposes.