Title
3/4 Ton Regular Cab 4x4 Pickup Trucks - Bid Award
History
The 2016 Fiscal Year Budget includes a Board approved line item to purchase one (1) ¾ Ton Regular Cab 4WD pickup truck for the Parks Department and the use of rollover funds from Fiscal Year 2015 to purchase a ¾ Ton Regular Cab 4WD pickup truck for the Utilities Division of Public Works.
A legal notice for the two ¾ Ton Regular Cab 4WD pickup trucks was placed in the SouthtownStar newspaper on Monday, March 28, 2016. Sealed bids were opened by the Village Clerk’s office on Wednesday April 13, 2016 (bid tab attached). Joe Rizza Ford of Orland Park, Illinois was the lowest responsive bidder that can deliver the vehicles sixty-eight (68) days after receipt at a cost of $67,842 for two (2) pickups with Option #1(snow plow). Option #2 (power lift gate) will be installed after delivery by a separate Village vendor.
Staff also evaluated and compared the -purchase versus leasing- option [see attached Total Cost of Ownership (TCO) Analysis]. The TCO Analysis is based on a 5-year lease term. Under typical conditions, these vehicles would remain in the fleet for up to ten (10) years. A lease term of that length is generally not available. Because the lease term is only five years, and because the Village would generally keep this vehicle in service for approximately 10 years, the lease option is not cost efficient; therefore, staff recommends the purchase option for these vehicles.
Staff recommends that approval be given to purchase two (2) 2016 ¾ Ton Regular Cab 4WD Ford F250 pickup trucks with Option #1 (snow plow) from Joe Rizza Ford of Orland Park, Illinois at a cost not to exceed $67.842.60.
On May 2, 2016, this item was reviewed and approved by the Public Works Committee and referred to the Board for approval.
Financial Impact
Funds to cover the costs of these purchases are available in account 010-5006-470200 for the Parks Department truck and ...
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