Meetings / Oct 31, 2018 / Item 43A

Item 43A

approved lease

Oct 31, 2018

Description

Authorize the Bureau of Highway Maintenance to enter into a lease agreement with Nortrax Inc., Pembroke, NH, with credit financing through Deere Credit Inc., Johnston, IA, for 66 loader backhoes on the basis of a low bid of $1,306.35 per month per unit for a total lease value of $5,173,146. Effective upon G&C approval through June 2024. 100% Highway Funds.

Amount
$5.2M
$1,306.35, $5,173,146
Vendor
Nortrax Inc.
Pembroke, NH
Funding Source
100% Highway Funds
Vote Record approved
Joseph Kenney (R) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes
Related Sub-Items (2)

Documents (1)

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