A system and method for installing a post-tensioning tendon (130) in an equipment tower (100). A sheave frame (196) attaches to anchor rods (140), and a pulley (198) is mounted to the sheave frame through which a hoisting cable (197) is passed for connection to an end (138) of the tendon to lift the tendon to the anchor rods. A carriage assembly (150) having a shank (152) and a bearing plate platform (154) extending transversely from the shank for receiving a bearing plate (170) is attached to the tendon. The carriage assembly includes a deflecting surface (158) to deflect the carriage assembly away from the installed bearing plate upon lowering after tendon attachment. A pair of hydraulic jacks (210) tension the tendon to a desired load.