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R98-83 ACCEPTING THE BID
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R98-83 ACCEPTING THE BID
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Last modified
4/12/2016 10:13:23 AM
Creation date
4/12/2016 10:13:22 AM
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Resolution/Ordinance
Res Ord Num
R98-83
Res Ord Title
ACCEPTING THE BID - ALTORFER, INC. - CITY PROJECT 9899-05
Approved Date
6/15/1998
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, � . <br /> EXHIBIT A <br /> 1. Three (3) 1998 Caterpillar model 416 C $172,864 <br /> diesel powered backhoes as stated in the bid. <br /> 2. Trade-In of old unit. $ 19 500 <br /> 3. Guaranteed maximum total cost of repairs <br /> for 2000 operating hours or 2 years (whichever <br /> comes first) as per specifications, for backhoes <br /> will not exceed: $ 1,500 <br /> 4. Purchase Price & Cost of Repairs $154,864 <br /> 5. Guaranteed Repurchase Price at end of 2000 <br /> operating hours or 2 years (whichever comes <br /> first). $150,000 <br /> 6. Total Cost: Item 1 MINUS item 2, PLUS item <br /> 3, MINUS item 5. $ 4,864 <br />
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