Welcome to Apris' Municipal Bid Network

Results driven, Apris' mission statement says it all: Keeping Tax Dollars in the Classroom". Apris' Internet augmented lease purchase bidding has saved our clients over $50,000,000. Apris' municipal bid network is the nexus where school districts, fire districts and other governmental entities outsource their competitive bidding of short and midterm tax-exempt financing. Apris pioneered Internet augmented bidding of tax-exempt financing; a proven process backed by a long history of satisfied repeat clients that works.

"Working with Apris for nearly ten years has saved my Boards a great deal of money by reducing interest rates 3-4%. Apris' [internet-augmented lease purchase bidding] not only pays for itself; it puts money back into your district." - Gregory J. Brennan, SBA, Jackson Twp. Board of Education, NJ

The process of putting a tax-exempt lease purchase, conditional sales contract, installment sales agreement, certificates of obligation, lease with option agreement, or what ever it may be called from state to state, out to public bid is a daunting and an infrequent event for a business administrator or manager. The bidding process is mandated either by law or good business practices in order to obtain the best interest rates for the financing of essential equipment or projects. Millions of taxpayer dollars in the form of interest payments are up for grabs in an unregulated market.

Apris' unparalleled experience in bid writing combines a thorough understanding of tax-exempt financing market with the ability to translate specific fiscal and financial needs of our clients into bid specifications that are balanced to attract potential bidders while meeting the fiscal goals and objectives of our clients. Apris further enhances the process by posting all the financial information necessary for a potential bidder to make a credit decision, before they bid, to our website.

Apris' bidding service strengths are the number of clients we serve and the bidder traffic on our site. The web posting of our bid results is a source of information that is routinely monitored by bidders. Interest rates for Apris bids are consistently lower than bids conducted by a public entity alone. The arena of single investor tax-exempt financing is unregulated. A quote from a lessor, who for obvious reasons requested anonymity, says it best: "Apris brings efficiency to a market that preys on inefficiency for profitability".