Quote requests to the vendors should be made on the Request for Quotation form. Campus also identifies the financing term, estimated equipment cost and delivery date. The campus should also include such information as first payment date and amount, financing and payment plan based on internal cost analysis of options. The rates will be presented to the Chancellor's Office Cash Management department to determine the possibility of CSU internal financing. The campus will receive notification to proceed with best financing arrangement.
Campus advises the successful financing vendor that their quote has been accepted.
8038G, and tracks IRS reporting requirements. GE Capital and University Financing Foundation do not require an Opinion of Counsel. The quotation shall include the interest rate and all associated costs involved in the financing of the described equipment. The quotation shall also provide a complete amortization table, showing the total financed amount, interest rate and total interest payments, and any capitalized financed costs. If multiple schedules are appropriate for the transaction because of different term lengths, a complete amortization table shall be provided for each schedule.