City of Solon Public Works Agenda January 7 2026
City Evaluates Refuse Truck Rental Versus Lease Options
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Description
Solon Public Works Committee is considering leasing versus renting options for automated rubbish/recycle trucks. A rental quote from Premier Truck Sales & Rental Inc. for $232,800 per 12 months was presented for review, with purchase pricing at $450,000/unit.
Contract Details
Contract Amount
$232,800.00 (discounted 12-month rate)
Vendor
PREMIER TRUCK SALES & RENTAL INC
Agency
City of Solon, OH
Contract Type
EQUIPMENT
Document Date
January 7, 2026
Contract Term
12 months, open-ended rental (option to terminate early with penalty)
Renewal Date
2027-01-01
Renewal Info
12-month rental agreement, renewable; early termination penalties may apply. 25% of paid rental rate could be applied to truck purchase.
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