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HomeMy WebLinkAbout2014-11-24 15-009 ORDERCOUNCIL ACTION Item No. 15-009 Date: November 24, 2014 Item/Subject: ORDER, Authorizing Bid Award for the Purchase of a Front End Loader Responsible Department: Fleet Maintenance Commentary: On November 5, 2014 the City received three bids for a front end loader. The total `life cycle" cost over a five year period ranged from $73,500 — $102,000 — see attached bid tabulation. The "life cycle" bidding process guarantees a maximum cost of repairs over a five year period as well as a buy back amount at the end of the five years. See bid tabulation for details. On November 17, 2014, the Finance Committee reviewed and approved staff recommendation to purchase the front end loader from Notrax in the amount of $188,500. At the end of the five years, the City will have the option of keeping the machine or returning it to Nortrax for the guaranteed buy back amount of $115,000. The contract award recommendation must be reviewed approved by the City Council as it is over $100,000. Department Head Manager's Comments: City Manager Associated Information: Bid Tabulation Budget Approval: Finance Director Legal Approval: ity olicitor Introduced for X Passage - Consent First Reading Page _ of _ Referral 15-009 NOVEMBER 24, 2014 Assigned to Councilor Sprague CITY OF BANGOR (TITLE.) Order, Authorizing Bid Award for the Purchase of a Front End Loader By the Oty Council of the Oty of Bangor., ORDERED, THAT, Deborah Cyr, Finance Director is hereby authorized to execute a purchase order to Nortrax in the amount of $188,500 for the purchase of a front end loader. IN CITY COUNCIL NOVEMBER 24, 2014 PASSED CITY CLE Z 15-009 NOVEMBER 24,2014 City of Bangor Bid Tabulation Bid No. B15-012: Front End Loader Bid Opening: 11/5/14 Milton Cat Brewer, ME Nortrax Hermon, ME Central Equipment Co. Stillwater, ME Item Description Total Price Total Price Total Price 1 Front End Loader $184,500.00 $188,500.00 $170,000.00 2 Plus guaranteed max. total cost of repairs for 5 rs 4 500hrs $5,500.00 Subtotal line 1 & 2 $190,000.00 $188,500.00 $170,000.00 3 Less guaranteed buy back amount at end of 5 r 4 500hrs $88,000.00 $115,000.00 $70,000.00 Total "LifeCycle" Bid Amountl $102,000.00 $73,500.00 $100,000.00