EQUIPMENTAMENDED

Chapple Leases 2024 CAT Motor Grader from Caterpillar Financial

Township of Chapple Council approved a finance lease agreement with Caterpillar Financial Services Limited for the purchase of a new 2024 Model 150-15 Motor Grader. The lease, amended September 17, covers a principal amount of $566,549.74 plus applicable taxes over a 60-month term at a 6.85% interest rate. The HST will be paid to Toromont Cat up front.

Document date · October 8, 2024

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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

Scope & details

The full contract record, as filed.

Contract amount
$566,364.74 plus $73,627.42 HST (original); amended to $566,549.74 plus $600.00 and HST in amendment
Contract type
EQUIPMENT
Contract term
60 months (monthly payments of $11,178.31 for 60 months, first payment due October 26, 2024)
Renewal date
2029-10-25
Renewal
Amended September 17, 2024, increasing financed amount and adjusting first payment date. Lease term 60 months, payments monthly. No auto-renewal or further extension referenced.
Document type
Agenda
Source document
Township of Chapple Regular Council Meeting Agenda October 8 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Township of Chapple?

Caterpillar Financial Services Limited was awarded this equipment contract by Township of Chapple, as recorded on October 8, 2024. The contract value is $566,364.74 plus $73,627.42 HST (original); amended to $566,549.74 plus $600.00 and HST in amendment.

How much is the Caterpillar Financial Services Limited contract with Township of Chapple worth?

The Caterpillar Financial Services Limited contract with Township of Chapple is valued at $566,364.74 plus $73,627.42 HST (original); amended to $566,549.74 plus $600.00 and HST in amendment, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Township of Chapple Regular Council Meeting Agenda October 8 2024 (Agenda), dated October 8, 2024 from Township of Chapple. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Caterpillar Financial Services Limited hold?

Caterpillar Financial Services Limited may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Caterpillar Financial Services Limited's profile

What is Township of Chapple currently buying?

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