Meetings / Feb 28, 2014 / Item 64

Item 64

approved lease consent calendar

Feb 28, 2014

Description

Authorize the Bureau of Highway Maintenance to enter into a lease agreement with Nortrax Inc., Pembroke, NH, with credit financing through Deer Credit Inc., Johnston IA, on the basis of a low bid of $1,085.67 per month per unit for fifty loader backhoes for a total lease value of $3,257,010. Effective upon G&C approval through May 2019. 100% Highway Funds.

Amount
$3.3M
$1,085.67, $3,257,010
Vendor
Nortrax Inc.
Pembroke, NH
Funding Source
100% Highway Funds
Vote Record approved
Motion by Pignatelli, seconded by Pappas
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Debora Pignatelli (D) yes

Documents (1)

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