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EQUIPMENTAPPROVED

County of Vermilion River Council Meeting Agenda March 2026

County Approves Ritchie Bros Equipment Auction Agreement

$1,082,000.00 minus 10 per cent for a total guaranteed price of $973,800.00, and anything above that price being split 90 per cent for the County of Vermilion River and 10 per cent for Ritchie BrosVermilion River CountyRITCHIE BROTHERSMarch 24, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The County of Vermilion River approved Ritchie Bros to auction surplus equipment in 2026, excluding the 2005 International Water Truck, with a guaranteed minimum and profit-sharing structure.

Contract Details

Contract Amount

$1,082,000.00 minus 10 per cent for a total guaranteed price of $973,800.00, and anything above that price being split 90 per cent for the County of Vermilion River and 10 per cent for Ritchie Bros

Vendor

RITCHIE BROTHERS

Agency

Vermilion River County, Canada

Contract Type

EQUIPMENT

Document Date

March 24, 2026

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Vermilion River County (Canada)$1,082,000.00 minus 10 per cent for a total guaranteed price of $973,800.00, and anything above that price being split 90 per cent for the County of Vermilion River and 10 per cent for Ritchie Bros.March 24, 2026

Vermilion River County Regular Council Meeting Agenda March 2026

APPROVED
Vermilion River County (Canada)Guaranteed price of $1,082,000.00 minus 10% for a total guaranteed price of $973,800.00, with any amount above that split 90% to the County and 10% to Ritchie BrosMarch 24, 2026

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