City of Grace Council Meeting Minutes February 2026
City Leases New Backhoe From Caterpillar
Trusted by teams at
Description
The City of Grace secured a 6-year lease with Caterpillar for a new backhoe at approximately $30,000 per year, with a $0.95 buyout at the end of the term. The equipment will support ongoing municipal public works operations.
Contract Details
Contract Amount
approximately $30,000.00 per year for 6 years
Vendor
CATERPILLAR
Agency
City of Grace, ID
Contract Type
EQUIPMENT
Document Date
February 4, 2026
Contract Term
6-year lease, with $0.95 payout at end of lease
Renewal Info
6-year equipment lease with a nominal $0.95 purchase option at the end of the term; no renewal options mentioned.
More from CATERPILLAR
Related Contracts
sourcewell-contract-011723-caterpillar-inc_ee8.pdf
approvedParmer County Commissioners Court Agenda 2026-05-26
DISCUSSEDFlorida Department of Environmental Protection Report Equipment Approval List 2026-05-25
APPROVEDGloversville City School District Agenda Board of Education Meeting 2026-05-20
APPROVEDGloversville City School District Agenda Board of Education Meeting 2026-05-20
APPROVEDMore from City of Grace
City of Grace Minutes Regular Meeting January 2026
City of Grace Minutes Regular Meeting January 2026
City of Grace Minutes Regular Meeting January 2026
City of Grace Minutes Regular Meeting January 2026
City of Grace Minutes December 2025
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.