Melrose Plans Five-Year Vactor Truck Lease
City of MelroseCity · Melrose, MA- Disclosed value
- Acquisition cost $627,500.00; trade-in allowance $35,000.00; down payment $214,520.06; amount financed $377,979.94; annual payment amount $89,000.00
- From agendapacket
- Document date
- Oct 19, 2026
- Term
- 5 years
The 30-second brief
Melrose is seeking authorization to lease a new Vactor 2110IDF sewer cleaner truck from All American Investment Group, LLC. The five-year tax-exempt lease proposes $377,979.94 in financing, annual payments of $89,000, and a purchase option at the end of the term.
All American Investment Group LLC holds this equipment contract with City of Melrose.
Term as filed: 5 years.
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Contract details
- Contract type
- Equipment
- Amount
- Acquisition cost $627,500.00; trade-in allowance $35,000.00; down payment $214,520.06; amount financed $377,979.94; annual payment amount $89,000.00
- Document date
- October 19, 2026
- Term
- 5 years
- Agency
- City of Melrose
- Source document
- City of Melrose AgendaPacket Appropriations & Oversight Committee Meeting October 19 2026 (AgendaPacket)
All American Investment Group LLC's other public contracts
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Questions about this contract
Who was awarded the equipment contract by City of Melrose?
All American Investment Group LLC was awarded this equipment contract by City of Melrose, as recorded on October 19, 2026. The contract value is Acquisition cost $627,500.00; trade-in allowance $35,000.00; down payment $214,520.06; amount financed $377,979.94; annual payment amount $89,000.00.
How much is the All American Investment Group LLC contract with City of Melrose worth?
The All American Investment Group LLC contract with City of Melrose is valued at Acquisition cost $627,500.00; trade-in allowance $35,000.00; down payment $214,520.06; amount financed $377,979.94; annual payment amount $89,000.00, covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Melrose AgendaPacket Appropriations & Oversight Committee Meeting October 19 2026 (AgendaPacket), dated October 19, 2026 from City of Melrose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does All American Investment Group LLC hold?
All American Investment Group LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Melrose currently buying?
Explore City of Melrose's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.