HomeMy WebLinkAbout2014-08-25 14-269 ORDERCOUNCIL ACTION
Item No. 14-269
Date: August 25, 2014
Item/Subject: ORDER, Authorizing Bid Award for the Purchase of a Tracked Excavator
Responsible Department: Fleet Maintenance
Commentary:
On August 13, 2014 the City received four bids for a tracked excavator. The bid was for a five year
lease less the trade in of the used Samsung SE130 excavator, prices less trade in ranged from
$116,000 — $190,000 — see attached bid tabulation.
On August 18, 2014, the Finance Committee reviewed and approved staff recommendation to
purchase the tracked excavator from Central Equipment Company in the amount of $138,000 less
$22,000 trade-in for a net cost of $116,000.
The contract award recommendation must be reviewed approved by the City Council as it is over
$100,000.
Manager's Comments:
Associated Information:
Bid Tabulation
Budget Approval:
Legal Approval:
Introduced for
X Passage -Consent
First Readang
Referral
Department Head
Finance Director
Page _ of _
Assigned to Councilor Graham
CITY OF BANGOR
14-269
AUGUST 25, 2014
(TITLE.) Order, Authorizing Bid Award for the Purchase of a Tracked Excavator
By the City Council of the City of Bangor.•
ORDERED,
THAT, Deborah Cyr, Finance Director is hereby authorized to execute a lease
purchase agreement with Central Equipment in the amount of $138,000 less
trade-in of $22,000 for the purchase of a tracked excavator.
IN CITY COUNCIL
AUGUST 25, 2014
PASUED
CITY CLERK
14-269
AUGUST 25, 2014
City of Bangor Bid Tabulation
Bid No. B15-003: Tracked Excavator
Bid Opening: 8/13/14
Nortrax Inc.
Hermon, ME
Milton Cat
Brewer, ME
Central Equipment Co.
Stillwater, ME
Item
Item
Description
1
Total Price
1
Tracked Excavator
Trade In Samsung SE130 Excavator
$138,000.00.
2
Trade In Samsung SE130 Excavator
$190,000.00
$22,000.00
3
$3,670.00
Net
$116,000.00
4
10ptional 5 r Warranty
$5,000.00
5
Annual Lease Payment Amount
$25,527.40
Nortrax Inc.
Hermon, ME
Milton Cat
Brewer, ME
Item
Item
Description
Total Price
1
Tracked Excavator
$215,000.00
2
Trade In Samsung SE130 Excavator
$25,000.00
3
Net
$190,000.00
4
loptional 5 r Warranty
$3,670.00
5
Annual Lease Payment Amount
$39,581.91
Nortrax Inc.
Hermon, ME
Beauregard Equip.
Hermon, ME
Item
Description
Total Price
1
Tracked Excavator
$168,800.00
2
Trade In Samsung SE130 Excavator
$25,000.00
3
Net
$143,600.00
4
Optional 5 r Warranty
$2,400.00
5
Annual Lease Payment Amount
$31,965.55
$29,250.00
Beauregard Equip.
Hermon, ME
Item
Description
Total Price
1
Tracked Excavator
$151,535.00
2
Trade In Samsung SE130 Excavator
$14,000.00
3
Net
$137,535.00
4
Optional 5 r Warranty
Included
5
Annual Lease Payment Amount
$29,250.00