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EQUIPMENTAPPROVED

City of Hilliard Council Agenda April 27 2026

City approves MTECH street sweeper purchase and financing

$242,189.00 (equipment price) plus financing totaling $278,679.20 over five yearsCity of Hilliard cityMTECH COMPANYApril 27, 2026

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

Description

Hilliard City Council approved a purchase agreement with MTECH Company for a new Global M3 street sweeper acquired through the Sourcewell cooperative program. The $242,189 unit will replace an older sweeper via a $75,000 trade-in, with total financed payments capped at $278,679.20 over a five‑year lease-purchase term beginning in 2027.

Contract Details

Contract Amount

$242,189.00 (equipment price) plus financing totaling $278,679.20 over five years

Vendor

MTECH COMPANY

Agency

City of Hilliard city, OH

Contract Type

EQUIPMENT

Document Date

April 27, 2026

Contract Term

Five-year lease-purchase term starting with first payment due March 2027

Renewal Date

2031-03-31

Renewal Info

Five-year lease-purchase arrangement; payments of $55,735.84 will be appropriated annually in the 2027–2031 budgets under CIP F‑1 Heavy Equipment. Ownership is expected to transfer to the City at the end of the lease term.

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