24-1119

Dept/ Agency: Administration/ Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Cooperative Purchasing Agreement Purpose: To authorize the use of Sourcewell Cooperative Contract #011723-JDC to purchase of one (1) 2024 John Deere 544 P Wheel Loader at $278,860.00 and enter into a five (5) year lease for four (4) 2024 John Deere 544 P Wheel Loader with a $1.00 buyout at the end of the lease for the Citywide cleanup and snow detail. Entity Name(s)/Entity Address(s): Jesco, Inc., 18 St Nicholas Avenue, South Plainfield, New Jersey 07080; and Deere Credit, Inc. d/b/a John Deere Financial Lease, 6400 NW 86th Street, Johnston, Iowa 50131 Contract Amount: Not to exceed $1,533,992.60 Funding Source: 2024 Budget/Department of Water and Sewer Utilities/NW038-800-8007-94340-2024/Capital Outlay Contract Period: Commencing upon a date to be established for a one-time purchase of one (1) Loader and five (5) year lease for four (4) Loaders Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: Resolution 7R1-c(AS), adopted on April 20, 2022, the Municipal Council authorized membership in the Sourcewell Cooperative. This Cooperative Purchasing Agreement will purchase wheel loaders for all City Departments.

Resolution Adopted Introduced August 6, 2024

What this record is

Held by: Jesco, Inc 4 records across this site
Amount: $1.53M
Runs until: August 6, 2029 3 years away calculated from the contract term stated in the record
Type: rfp
Field: Vehicles & equipment

Read automatically from the title of the official record. The source document below is authoritative.