Vermilion River County Regular Council Meeting Agenda March 2026
County Approves Ritchie Bros 2026 Equipment Auction
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Description
The County of Vermilion River approved using Ritchie Bros to auction surplus equipment in 2026 with a guaranteed minimum of $973,800 after commission and a 90/10 revenue split on proceeds above that amount. The motion authorizes sending all units except the 2005 International Water Truck to Ritchie Bros for sale.
Contract Details
Contract Amount
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 Bros
Vendor
RITCHIE BROTHERS
Agency
Vermilion River County, Canada
Contract Type
EQUIPMENT
Document Date
March 24, 2026
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