New Tank Procurement Services By Utility Service Leasing Company (USLC)
Leveraging the distinctive and extensive competencies of Utility Service Company, Inc. (USCI), the largest supplier of contract tank maintenance in the US, we provide a unique new tank procurement service to the water industry. This fee based new tank procurement service simplifies and expedites the acquisition of a new tank. No single company in the nation has the collective wisdom that USCI offers to tank owners relative to the operation and maintenance of water storage tanks. Utility Service Leasing Company, in conjunction with our parent company, USCI, uses that collective knowledge to help clients minimize their initial procurement costs of a new or used tank and to expedite delivery. Long term maintenance costs are managed and minimized by protecting the new tank with the USCI GASB 34 compliant asset management maintenance program for potable water storage tanks.
In addition, the new tank procurement service and the USCI tank asset management program may be bundled with tax-exempt installment purchase financing offered by USLC. This full service package allows public clients the ability to acquire their new storage tank through any delivery model they choose; direct negotiation, bid process, RFP or RFQ, or design/build. The USLC new tank procurement service will ensure acquisition costs and long term maintenance costs are minimized and delivery is expedited on your next new tank project.
Installment Purchase Finance (IPF) - Installment purchase financing has proven to be a cost-effective alternative to public debt financing. States, cities, counties, school districts and other political subdivisions may finance new acquisitions on a tax-exempt direct source basis. Installment purchase also enables the borrower to acquire new tanks, or any essential capital equipment or project, without time consuming revenue-raising procedures and disclosure requirements.Terms usually range from five to twenty years, with payments made annually or semiannually according to your budget needs.
Using the new tank procurement services of Utility Service Leasing Company (USLC), new tanks may be obtained on an expedited, simplified, negotiated basis to include all construction, full service maintenance program coverage and financing. The installment purchase method of financing offers customers significant savings over the traditional funding vehicle. Since USLC offers 100% project financing no down payments are required.
Utility Service Leasing Company can provide you with a streamlined, expedited approach to the direct purchase or installment purchase financing of your next tank or any capital project. The administrator for the IPF program is Municipal Services Group, Inc. (www.munibank.com).
Benefits
• One-stop shop
• Expedited financing
• Lower loan issuance costs
• Fixed interest rate, fixed payment
• No balloon payment
For complete details about our new tank procurement service, or installment purchase financing contact USLC with confidence at
800-223-3695.
