Parma Plans Five-Year Dump Truck Lease Purchase

Parma plans to lease-purchase four Chevrolet 1-ton dump truck chassis and bodies from Ken Ganley Chevrolet of Brook Park for $244,580 before financing. The five-year arrangement uses Ohio Department of Transportation state bid pricing and carries a lease rate not exceeding 10%.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$244,580.00 before financing; lease rate not to exceed 10%

Contract type

EQUIPMENT

Contract term

5 years

Renewal

Five-year lease/purchase agreement; no renewal option stated.

Document type

AgendaPacket

Source document

City of Parma AgendaPacket Regular Council Meeting 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by City of Parma?

Ken Ganley Chevrolet of Brook Park was awarded this equipment contract by City of Parma, as recorded on October 4, 2026. The contract value is $244,580.00 before financing; lease rate not to exceed 10%.

How much is the Ken Ganley Chevrolet of Brook Park contract with City of Parma worth?

The Ken Ganley Chevrolet of Brook Park contract with City of Parma is valued at $244,580.00 before financing; lease rate not to exceed 10%, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Parma AgendaPacket Regular Council Meeting 2026-10-05 (AgendaPacket), dated October 4, 2026 from City of Parma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ken Ganley Chevrolet of Brook Park hold?

Ken Ganley Chevrolet of Brook Park 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 Ken Ganley Chevrolet of Brook Park's profile

What is City of Parma currently buying?

Explore City of Parma's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Parma's profile