Town of Cambridge Awards Equipment Contract to KOBELCO (February 2026)

The Cambridge Selectboard approved financing arrangements for a new Kobelco tracked excavator under a 7-year lease, with intention to own after the term. The decision is part of a long-term investment in highway equipment for the Public Works Department.

Document date · February 17, 2026

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Scope & details

The full contract record, as filed.

Contract type

EQUIPMENT

Contract term

7 years (lease, purchase at end)

Renewal

Lease-to-own structure, no renewal terms stated.

Document type

Minutes

Source document

Cambridge Selectboard Meeting Minutes February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Town of Cambridge?

KOBELCO was awarded this equipment contract by Town of Cambridge, as recorded on February 17, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cambridge Selectboard Meeting Minutes February 2026 (Minutes), dated February 17, 2026 from Town of Cambridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does KOBELCO hold?

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