Board To Consider EZ-GO Golf Cart Lease Buy-Out
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Description
The Board will consider approving a golf cart fleet replacement contract with EZ-GO using a three-year lease buy-out structure. The proposal includes a $250,000 buy-back for 100 carts and annual payments of $177,000 over three years, for a total of $528,825.
Contract Details
Contract Amount
$250,000 buy back of 100 carts and annual payment of $177,000 for three years (total $528,825)
Vendor
EZ-GO
Agency
Sun n Lake of Sebring Improvement District, FL
Contract Type
EQUIPMENT
Document Date
May 5, 2026
Contract Term
Three-year lease buy-out option
Renewal Info
Three-year lease buy-out option; no renewal or extension terms are described in the agenda item.
More from EZ-GO
Issuing Agency
Utility District
Sebring, FL
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